1652 - Commerce

Commerce

The General Court of the Massachusetts Bay colony makes a 35-year contract with Boston silversmith John Hull to produce silver coins with silver to be supplied by him. Hull is appointed mint master of the colony and with Robert Sanderson strikes the Pine Tree shilling, receiving 15 pence for every 20 shillings he coins. The mint will date its coins 1652 for all of its 30 years in order to hide its continued existence from the authorities at London.