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Description

NGC 1861-O AU 58. The '61-O is a very scarce Type One issue that has a certain mystique lacking from other dates. Most of the mintage was struck either under the auspices of the State of Louisiana or the Confederacy. It is impossible to know with certainty which coins are which, but many people believe the coins that show weakness at the base of the date are the CSA pieces. Only 17,741 pieces were struck, and most surviving examples are VF or XF with AU pieces being very elusive. This piece is very close to mint state, showing just a trace of wear and much remaining luster. This is finest and only coin graded AU 58 by NGC, and none have been certified in mint state by either of the major services, making this piece tied for finest known with a single PCGS specimen. (NGC ID# 269J, PCGS# 8934)

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Auction Dates
October, 1994
8th-11th
Internet/Mail/Phone Bidders: 2
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