LOT #7432 |
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1861 50C Scott Restrike AU58 PCGS....
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Sold on Nov 5, 2004 for:
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Description
"1861" Scott Confederate Restrike Half Dollar
1861 50C Scott Restrike AU58 PCGS. The always popular Scott Restrike of the Confederate half dollar is one of the intriguing stories in numismatics. After Confederate officials took hold of the New Orleans Mint in 1861, they set about creating their own coinage. A special reverse die was prepared for the half dollar denomination, to be used in conjunction with an existing Seated Liberty obverse die. A few trials were produced (four survive today) yet the actual production of such pieces never got under way. After a few years, this special reverse die ended up in the hands of J.W. Scott & Co. via Ebenezer Locke Mason. Scott developed a scheme where he would produced restrikes. So as to be accurate, he acquired 500 1861-O half dollars to be used as "planchets" for his special issue. He ground down the reverse just enough to eliminate the design, then struck them with the Confederate reverse die. In addition to these restrikes, Scott produced a number of special tokens incorporating this reverse with an obverse die telling the story of the original coinage. This is a pleasing example with reflective fields and ivory luster, accented by pale golden toning.(#340403)Coin Index Numbers: (NGC ID# ERJ2, PCGS# 340403, GSID# 15306)
Auction Info
2004 November Palm Beach, FL Signature Sale #358 (go to Auction Home page)
Auction Dates
November, 2004
4th-6th
Thursday-Saturday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 1,235
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15% of the successful bid per lot.
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