Confederate Copper One Cent:
Robert Lovett Jr., an engraver and die sinker of Philadelphia, was given an order to strike small one cent coins by the Confederacy. He feared being arrested for aiding the enemy and hid the coins and dies in his cellar.
However, he managed to strike an estimated 12-15 specimens that are they are valued near $120,000 each.
Later, Captain John W. Haseltine purchased the original dies and made restrikes in 1874. These 1874 restrikes, dated 1861, were struck on copper, gold and silver planchets. Experts have identified each coin with a proof status and an estimated 55 specimens of copper, 7 specimens of gold, and 12 specimens of silver were struck in total.
The copper varieties are valued at $9,000 each, silver $42,000 and gold $12,500 respectively.
Around 1961 the dies were copied and restrikes were made by Robert Bashlow. Bashlow’s restrikes show many die cracks and rust that identify the 1961 type and are of much lesser value than the earlier originals and restrikes. Many copies and reproductions have been made of the 1861 One Cent and collectors must be aware when considering a purchase of an original coin.
Confederate Silver Half Dollar:
It was the Confederate Half Dollar that never was but only due to the lack of silver bullion on the Confederacy’s part. However, examples still exists as 4 originals, 500 restrikes, and another 500 restrikes with J.W. Scott Obverse and the reverse same as the US equivelant.
The last reported 1861 original was sold for $632, 500, and the restrikes range in values from $5,000 in circulated condition to $10,000 in uncirculated condition. The 1861 Scott Obverse, Confederate Reverse, is also rare and valuable in their own right since being struck with the same dies as the originals. These restrikes bring anywhere from $2,250 in circulated condition to $4,750 in uncirculated condition.
Confederate Reproductions And Copies:
Many copies and reproductions can be found at online auctions and at Civil War Historical site shops as souvenirs.
The image is an example of a resproduction, notice the R on the right side of the shield, most recent copies will have the word COPY stamped into the coin. Buyers be warned when they see an offering of these rare coins, to only consider purchasing graded, holdered and authenticated Confederate States of America coins or restrikes.
Grading services like PCGS, NGC, ANACS and ICG are the most recommended grading and authentification services.
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