Rare coin could fetch $300,000

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 containing hundreds of older coins, auctioneer Morton & Eden Ltd., said in a statement Wednesday.

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

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