Rare Coin Made in Colonial New England Could Fetch $300,000

The silver one shilling coin made in Boston in 1652 was recently found in the United Kingdom inside a candy tin.

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In this Sept. 9, 2021 photo provided by auctioneer Morton & Eden Ltd., a rare 17th century one shilling coin is displayed above a metal box containing other coins, at the auction house, in London. Morton & Eden Ltd. says the 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 $300,000 when it's put up for auction in London next month. (Menelaos Danellis/Morton & Eden Ltd. via AP)
Image via AP Photo/Menelaos Danellis

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

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 $300,000 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…

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