LOT Heritage Rare Coin Galleries  /  2007 Long Beach, CA Sig. Coin Auction #430  / 

3487

Three-Coin Set of 1861-O Half Dollars, Shipwreck Effect

Currency:USD Category:Coins & Paper Money / US Coins Start Price:600.00 USD Estimated At:1.00 - 1,000,000.00 USD
Three-Coin Set of 1861-O Half Dollars, Shipwreck Effect
<B>Three-Coin Set of 1861-O Half Dollars, Shipwreck Effect.</B></I> Ex: <I>S.S. Republic.</B></I> Three coins are included: 1861-O, United States Issue; 1861-O, Louisiana Issue; and an 1861-O, CSA Issue. Recovered from the shipwreck that went down in the autumn of 1865, the ship was located in the summer of 2003. The discovery of hundreds of half dollars came as a surprise to the salvors. This three-coin set is intended to show the progressive deterioration of the obverse die from federal issue to state ownership and finally to CSA authority. Traditionally, state and CSA 1861-O halves show a die crack from Liberty's nose to star 7. No such crack is present on these coins. However, they are identified as Wiley-02 (federal issue), Wiley-07 (state issue), and Wiley-13 (CSA issue). The state and CSA coins are graded Uncirculated, but the federal coin is ungraded (in our opinion, it is also technically Uncirculated but heavily corroded). The other two coins also show extensive corrosion from long-term saltwater exposure. The first two coins are well struck and the CSA piece shows some softness of detail. Housed in a spiffy cherrywood box with a Certificate of Authenticity and booklet with a DVD about the shipwreck.<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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