1861 O S.S REPUBLIC CONFEDERATE ISSUE CSA DIE CRACK SEATED LIBERTY HALF DOLLAR

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Price: $1,599.00
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Item Number: NK10681
1861 O S.S. Republic Confederate States of America Issue Seated Liberty Half Dollar

Rare Confederate States of America Issue Silver Coin Struck for just One Month!

The New Orleans Mint in Louisiana was the only Southern Mint to survive the Civil War. The Dahlonega and Charlotte Mints ceased production of coins in 1861 when the States of Georgia and North Carolina left the Union and joined the Confederacy. They never minted coins again. The Confederate States of America operated the New Orleans Mint in April 1861.

Your coin is a genuine Civil War issue silver half dollar struck by the Confederacy at the New Orleans Mint on Federal dies in February 1861. Your coin also has the extra pedigree of being part of the largest treasure trove of U.S. coins in history. 51,000 coins and over 14,000 artifacts were recovered from the SS Republic shipwreck, a Civil War-era side-wheel steamship en route from New York to New Orleans that sank in 1865 after battling a hurricane for two days.
 

Your coin was discovered at the bottom of the Atlantic Ocean 1,700 deep approximately 100 miles of the Georgia coast where it lay unseen by humans for almost 140 years! The archaeological excavation conducted during the 2003-2004 excavation seasons was accomplished entirely through the use of advanced robotics and cutting-edge technologies and was the first of its kind ever performed at such depths.

Seated Liberty half Dollars a fascinating series
 
Seated Liberty half dollars were issued from 1839-1891. The design  features a  portrait of Lady Liberty seated on a stone, with a heraldic shield marked “Liberty” in her right hand and a pole with a liberty cap on the top in her left. The reverse depicts an eagle similar to that on earlier half dollars.

In 1853 the weight of the coin was reduced by seven percent because the California gold rush of 1849 set up a dynamic where silver coins were more valuable than gold coins. Two-hundred half dollars melted into bullion would buy not $100 in gold but $106.60. This gold could then be exchanged at face value for more silver coins. By 1853 silver coins had a higher metal value than monetary value and melting was widespread. These smaller size Seated Liberty Half dollars were issued until 1873.

Your Seated Liberty Half dollar has been authenticated by NGC, the official coin grading service of the American Numismatic Association. NGC experts have certified that the dies used to strike your coin are attributed to the Confederate States of America. NGC has created special coin holders guaranteeing the provenance of your coin.

Specifications

• Date: 1861
• Metal: 12.44 grams silver
• Purity: .900
• Diameter: 30.6 mm
• Grade/Condition: NGC Shipwreck Effect
• Mint Mark: O – Confederate States of America Issue
• Service: NGC