Rare coin made in Colonial New England could fetch $3,00,000

The silver one shilling coin made in Boston in 1652 was recently found in the United Kingdom inside a candy tin containing hundreds of older coins, auctioneer Morton & Eden Limited, said.

An extraordinarily rare coin with a face value of just pennies when it was minted in mid-17th century New England could sell for the equivalent of about $3,00,000 when it’s put up for auction in London next month.

The silver one shilling coin made in Boston in 1652 – considered the finest example of the roughly 40 such coins known to still exist – was recently found in the United Kingdom inside a candy tin containing hundreds of older coins, auctioneer Morton & Eden Limited, said in a statement on Wednesday.

James Morton, the auctioneer’s coin specialist, called the New England coin the “star of the collection”.