1861 Half Dollar CSA Restrike NGC MS61 - 1861 50C CSA Restrike, B-8022. This Mint State 1861 Half Dollar CSA Restrike has remaining mint luster within the devices, especially so on the obverse. Toned a light silver-gray, the obverse is lighter than the reverse, which is a darker gray with shades of blue and gold. The strike is above average with full details on the wreath and reverse legends. The obverse is flat, which is typical for the issue. The surfaces are original and clean for the grade with notable abrasion marks or other distractions.

Christian Gobrecht designed the obverse of the Seated Liberty half dollar. It depicts Liberty seated looking over her shoulder to the left. She balances the Union Shield inscribed LIBERTY with her right hand and holds a staff on which is placed a Phrygian cap in her left. There are seven stars to the left and six to the right interrupted by her head and the capped pole. The dated is below. The reverse, designed by A.H. M. Patterson, a New Orleans engraver and die sinker, shows a Confederate shield surrounded by an open wreath of cotton and wheat tied with a bow at the bottom. On a pole at the top of the shield is a Phrygian cap. The inscription CONFEDERATE STATES OF AMERICA is in an arc at the top, and the denomination, written as HALF DOL. is below.

Immediately following the Civil War, numismatists did not know that the Confederate States had its own coinage with distinctive designs. However, after the war, Dr. B.F. Taylor, the former Chief Coiner for the Confederacy, retained in his possession the reverse die of the CSA fifty cent piece and four original coins. He kept this die secretly in fear of being prosecuted for treason since he supervised the manufacturing of the enemys coinage. In 1879, he revealed in the New Orleans Picayune that he had the die and an original coin. Ebenezer Locke Mason, Jr., a coin dealer bought the die and coin and sold them to J.W. Scott. When the editor or the American Journal of Numismatics learned of the restrike, he said, This piece having been struck in the New Orleans Mint by government officers, with government tools, and on silver stolen from the United States, should be restored to its true ownership, and then it should be placed in the Mint Cabinet. The obverse die, we hear, was claimed by the government; why not the reverse also?

Scott, a creative entrepreneur, wanted to promote and make restrikes of the half dollar. The die that he bought was rusted and a piece of the border near ER had been chipped. He didnt think the die would last too long. David Proskey helped Scott repolish it to reduce the effect of the rust, and they struck 500 tokens that were probably made from tin. These tokens had an advertising message or store card for Scott with the following inscription: 4 ORIGINALS STRUCK BY ORDER OF C.S.A. IN NEW ORLEANS 1861 *******REV. [sic] SAME AS U.S. (FROM ORIGINAL DIE: SCOTT) Since the die did not deteriorate during this run, Scott put his original plan into place. He took 500 1861 federal half dollars, some from circulation, and supposedly all from the New Orleans Mint. Proskey and he held four coins on a brass block with the obverse facing down and using a collar to prevent spreading, overstruck the coins with the Confederate reverse. The result was not particularly satisfying because the images of the original Federal and the CSA reverses mingled. To ameliorate this problem, Proskey planed off the reverses of the remaining 500 half dollars. They were then struck with the Confederate reverse. The result was that the restrikes produced had obverse flatness and unevenly struck reverses with weakness often seen in the legend. The coins were also lighter than the original by about half of a gram. After he struck these restrikes, Scott annealed the die and used a chisel to deface it. The present coin, B-8002, is one of these planed restrikes.

Since Proskey was able to take care of the operations, Scott was free to begin a marketing plan to sell the restrikes. He advertised that his offering was oversubscribed; however, only a portion of the mintage had been sold. Proskey later said that the remaining pieces were in Scotts inventory for many years. It was not until the 1920s that they were extensively distributed.

All authentic copies of the Scott restrike are eagerly sought because people place them in the category of authentic Civil War artifacts. In its population report, NGC shows 12 1861 50 cent restrikes, B-8002 in MS61.