1861-0 seated liberty half

Discussion in 'US Coins Forum' started by Old Texas Reb, Nov 26, 2017.

  1. Old Texas Reb

    Old Texas Reb Member

    There was an interesting article in the latest monthly Coin World about the recent death of Eric Newman at 106. One of the coins he owned was one of 4 known 1861-0 halves with the CSA reverse. He bought it in the late 1930's for $4000 and it recently sold at auction for $966,000! Nice going, Mr. Newman.

    The 61-0 had a mintage of about 2 1/2 million but it was struck by 3 different authorities: Federal government, state of Louisiana and the Confederacy. There is an excellent display of these all attributed to issuer and slabbed at the old U.S. mint museum in New Orleans, a must-see for coin buffs if you are ever visiting the Big Easy!

    Coin world trends does have a price listed for the CSA striking because it exhibits a large die crack on the reverse as the original die deteriorated. That's probably the easiest way for you to check if you have an example.
     
    old49er and furham like this.
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  3. ExoMan

    ExoMan Well-Known Member

    Here's one that was resurrected from the shipwrecked CSA SS Republic. Note the die crack, extending from the bridge of Liberty's nose. NGC CSA SS Republic cu ob_opt.jpg NGC CSA SS Republic_opt.jpg ss_republic_painting.jpg
     
  4. C-B-D

    C-B-D Well-Known Member

    I've Cherrypicked a few of these WB-102's, but nothing high grade.
     
  5. old49er

    old49er Well-Known Member

    Really interesting Story/History surrounding the Confederate coinage. Always an interesting topic to me.
     
    halfcent1793 likes this.
  6. ksparrow

    ksparrow Coin Hoarder Supporter

    Newman was the pinnacle of the "Buy and Hold" collecting strategy.
     
    BigTee44 likes this.
  7. Conder101

    Conder101 Numismatist

    Yes he did well, around 7% per annum.

    That identifies the variety that the Confederacy struck using the same die as the Confederate half dollar. But they struck four other varieties as well and they have different die markers.
     
    Pickin and Grinin likes this.
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