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Lot
692

1861 50C Scott Restrike AU50 PCGS....

2008 May Long Beach, CA Signature Auction #1108

 
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Auction Ended On: May 28, 2008
Item Activity: 8 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 103B,C (Tuesday Only)
Booth 400 (Wednesday - Saturday)

Auction Room:
Room 103B,C

Description:
Attractive CSA Half, AU50
1861 50C Scott Restrike AU50 PCGS. Breen-8002. The New Orleans mint was the only Southern mint immediately capable of producing silver coinage. However, the provisional government closed the mint because of the "stern necessities of war" as Secretary of the Treasury Memminger phrased it. Only four original half dollars were struck. The restrikes were produced in 1879 from the CSA die on 1861-O halves that had the reverses planed off. As a result, all restrikes are weakly struck on the obverse. This particular piece shows the expected loss of detail on the obverse, while the reverse is strong as always. Probably carried briefly as a pocket piece, just a bit of friction can be made out. The fields are deep gray with bright high points on the devices. (PCGS# 340402)

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