NNP

1861 50C Scott Restrike AU55 NGC. CAC. The brainchild of indefatigable New York coin dealer J.W. Scott, the CSA half dollar "restrikes" are in essence overstrikes on regular 1861-dated Seated half dollars. Having purchased the original Confederate half dollar die in 1879 from Ebenezer Locke Mason (who had obtained it from Dr. B.F. Taylor, the former Chief Coiner at the New Orleans Mint), Scott struck white metal tokens as well as 500 federal half dollars with the now-rusted historic die. The reverse motifs were planed off prior to striking on all but a few of the scarce restrikes. Many of the pieces show a characteristic flattened obverse from the process even though Scott experimented with different cushions to lessen the effect. This Choice example received an About Uncirculated grade by NGC, although the Confederate side shows no signs of actual wear or circulation. Some high point weakness is from inadequate pressure during mintage. A glass reveals circular lathe marks that were not fully eliminated by the strike. Attractive golden-brown and blue toning covers both sides. Ex: Eric P. Newman Numismatic Education Society.

Heritage Newman IX, November 2017, lot 15122, realized $9000. Images and description courtesy of Heritage Auctions.