LOT Superior Galleries  /  Superior Galleries FEB 18-19, 2002 Coin Sale - 3  / 

2003

1861 CSA Cent Restrike PCGS PR62BN

Currency:USD Category:Everything Else / Other Start Price:NA Estimated At:8,000.00 - 10,000.00 USD
1861 CSA Cent Restrike PCGS PR62BN
CSA Coinage 1861 PCGS graded Proof 62. Brown. <b>Deep toned copper color, these tend to be "bronzed" -- that is, the surface was matte-finished at the time of striking to lessen the chance that corrosion would set in. Not a whole lot is known about the Confederate pattern cent of 1861, and that derives from Captain John Haseltine, an early coin collector. During early 1861, agents of the Confederate government approached Philadelphia die maker Robert Lovett, Jr. proposing a contract coinage of cents. These were to be of original design and of copper-nickel, like America's Indian cent. Lovett made a pair of dies and struck a dozen specimens. The obverse Liberty head derives from one of his advertising pieces of 1860 while the reverse wreath shows corn, cotton, maple, tobacco, wheat, two barrels, and a cotton bale (the latter signed L). The project never went further than the 12 copper-nickel impressions. Later, around 1874, Haseltine, who had come into possession of Lovett's dies, made a small number of gold, silver, and copper impressions, being careful not to include any in the original copper-nickel alloy. He claimed there were 7 gold, 12 silver and 55 or so copper pieces struck. This is one of the 55 copper pieces from the original Lovett dies, made before the dies broke and were defaced. For a detailed account of the coins of the Confederate States of America, see the Walter Breen encyclopedia, pp. 665-7.</b> <p align="center">Superior Galleries was founded in 1929 and has been a leader in
the numismatic auction business since 1971.</p> <p align="center"><b>Consignments wanted for June 2 & 3, 2002 Pre-Long Beach Sale.</b></p> <p align="center"><b>Call Steve Deeds</b> at (800) 421-0754 ext 230.</p>
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