Mint (first) is established in Boston.
May 26, 1652
[5/27, 6/10] General Court authorizes silversmith John Hull to operate it at his home near today’s 450 Washington Street. The first mint in the British Colonies and second in North America, it produces three coins – a threepence, a sixpence, and a shilling. They contain the inscription “NE” on one side and their value in Roman numerals on the other. These coins prove to easy to counterfeited, however, and after on October 26, 1652, the court orders them to be replaced by so-called “Pine Tree Shillings.” These feature the images of trees and the inscription “Massachusetts” on one side and “New England” on the other. Although the mint continues until 1682, both versions of the coins are all dated 1652 – to avoid conflict with the British government that had proscribed its operation.
Sources
- Peterson, Mark
- & Holloran, Peter C.