1862 Confederate five-dollar coin

Discussion in 'What's it Worth' started by fgibson, Feb 18, 2011.

  1. fgibson

    fgibson New Member

    I'm almost certain this is a fake/reproduction. It's in great condition (too good). It is identical to the 1862 CSA one-cent coin by Robert Lovett, except that it is a five-dollar coin. However, I have not been able to find any references to this particular coin online. Does anyone know anything about it, or what it's worth?

    _MG_9125-2.JPG _MG_9126.JPG

    P.S. I didn't pay much for it...
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  3. coinmaster1

    coinmaster1 Active Member

    Novelty piece, unfortunately. The Confederates only issued cents, halves, and currency. They made only a few hundred cents and a few halves. The currency was plentiful, aand now can be purchased for less than face value because of the fact that their legal tender status is no longer valid.
  4. fgibson

    fgibson New Member

    Thanks, coinmaster1! It will be a little conversational piece for my wife and I, but mostly for my wife.....

    Just for others' reference, it's about the size of a nickel, and at least one person thinks it's worth 18 bucks!
  5. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    The Lovett coin was only dated 1861. Many contemporary tokens were made with the general design and date of yours, from 1 cent up to sell for the 100 yr anniversary in 1961. Most were dated 1862 to prevent problems. Very often the 1862 cent is brought to the forum. You can search for those threads. Most examples are found in the south :)

    Maybe with the 150th anniversary here, we will see even more.

    Welcome to the forum!

  6. Hobo

    Hobo Squirrel Hater

    It still a cool piece to have as an example of a fake.
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