Price: 350.00 - SOLD - 12/28/2014* Free Shipping and Insurance for coins at $10K or above.
1861-O Half Dollar - 1861-O Seated 50C PCGS VF30 CAC. 1861-O Seated 50C PCGS VF30, CAC. Civil War Half Dollar. This circulated, Civil War dated, Southern branch mint 1861-O Half Dollar has uniform dark gray toning with somewhat lighter devices. The piece is original and clean for the grade with no notable abrasion marks or other distractions. We see all seven letters of the word LIBERTY, and the scroll is worn but complete. The CAC sticker indicates that this is a premium quality coin that is well within the grade range.
The New Orleans Mint was authorized in 1835 by President Andrew Jackson, hero of the battle of New Orleans. The bill that Jackson signed also authorized the mints at Charlotte and Dahlonega. William Strickland, a Philadelphia architect designed all three branch mint buildings. The New Orleans Mint building was made in the solid, bulky Greek Revival style of architecture. It was the largest of the three branch mints and located at major port of entry. Unfortunately Strickland did not account for the soft ground around the site. Because of it, the building had to undergo numerous repairs throughout its history.
Authorized to produce gold and silver, the New Orleans Mint struck quarter eagles and dimes in 1839. It operated from 1838 to 1909. In that time period 427 million silver and gold coins with the O mintmark were coined. By the mid 1850s denominations made in New Orleans included three-cent silver pieces, half-dimes, dimes, quarters, half dollars, silver dollars, gold dollars, quarter eagles, three-dollar pieces, half eagles, eagles, and double eagles. The first deposit was of Mexican dollars which amounted to more than 32,400 dollars. The first coins struck were Liberty Seated dimes. Each year between the beginning of August and the end of November, the mint closed because of the annual outbreak of yellow fever.
During the Civil War the Mint was held by the Confederacy and used to produce its coinage. It was the only mint to produce uniquely identifiable Confederate coinage, the 1861 half dollar with Confederate reverse and the copper-nickel cent of the same year.
Christian Gobrecht designed the Seated Liberty half dollar. The obverse 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 date is below. The reverse shows the heraldic eagle looking left. It is surrounded by the required inscription and the denomination written as HALF DOL. below. Dentils are around the periphery of both sides of the coin. The mintmark is below the eagle above the denomination.
In its population report, as of October 2013, CAC has confirmed 3 1861-O half dollars at the VF30 grade level. Less than 6% of all PCGS and NGC certified 1861-O half dollars have been given CAC stickers.
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