FLOAT
Massachusetts Pine Tree threepence, tree side — the Cleveland Museum of Art's example (1940.441), attributed to silversmith Robert Sanderson. The museum does not state its Noe die variety; the FLOAT constituent's guide value is for the Noe-36 'No Pellets' variety at PCGS AU55.
The Cleveland Museum of Art, 1940.441 (CC0)

1652 Pine Tree Threepence

Maker
Massachusetts Bay Colony (Boston mint, John Hull)
Year
1652
Rank
91 of 100

1652 Pine Tree Threepence

1652 Pine Tree Threepence by Massachusetts Bay Colony (Boston mint, John Hull) (1652) is ranked 91 in the FLOAT 100 for Coins. It carried a price-guide value of $11,500 on 6 August 2026, which is not a sale. A small denomination of the iconic Pine Tree coinage — early American silver in fractional form; a colonial collector staple.

What is it, and why is it in the FLOAT 100?

A small denomination of the iconic Pine Tree coinage — early American silver in fractional form; a colonial collector staple.

Massachusetts silver threepence, Pine Tree, Noe-36 (Salmon 2-B), PCGS AU55 CAC

What is the best-sourced number for it?

Figure
$11,500
Kind
Price-guide value, not a sale
Date
6 August 2026

PCGS Price Guide value for PCGS #45366, 1652 3P Pine Tree No Pellets — the Noe-36 / Salmon 2-B / W-640 attribution, confirmed by the Stack's Bowers Noe-36 lot page citing the same PCGS number — reads $11,500 at AU55, with a PCGS population of only 2 in that grade. Native USD. This is a catalogue guide value, not a specific sale, and carries no CAC premium; the same page's AU55 auction records for the variety run $5,760 (Stack's Bowers 11/2024) to $12,000 (Heritage 01/2020). No AU55 Noe-36 CAC sale could be verified because Heritage and GreatCollections lot pages were blocked.

This is not a sale. It is what the market was asking, and no transaction is recorded behind it. Source.

How this is made

The figure
One reference price, taken from a named public source and shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. A market asking price and a price-guide value are not sales, and are labeled as such wherever they appear.
Why no grade ladder
Most FLOAT 100 entries are individual objects. There is one of this, so there is no population and no spread across grades to show.
Archive
2026-08-08