HELP WITH 1861 CSA RESTRIKE B-8008 PROOF 67 COPPER POP 1 WITH 1 HIGHER OR NOT???
Verno
Posts: 325 ✭✭✭
Anyone out there an authority on these? Got this back from NGC, and want to make sure label is correct as this would be POP1 with 1 better....seems 8008 is rare?? To me looks like common restrike......
Thanks for looking....
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It is not really a restrike. It was a piece that was made and issued by a fellow named Robert Broeslow. He took the canceled Confederate Cents dies and made copy dies from them. These pieces were made in numerous metals and sold circa 1961. The pieces in copper at the most common.
Time was these pieces sold for very low prices, but over the last 20 years I've seen prices like $35 for raw ones.
They were made by Robert Bashlow.
Worry is the interest you pay on a debt you may not owe.
Thank you, @PerryHall! I could not remember his name exactly.
They were actually made by August Conrad Frank via an order from Robert Bashlow and it seems Bashlow never fully paid Frank for his services. It seems like these were issued by both Bashlow initially and Frank later, after Bashlow stopped paying him.
Bashlow brought the original dies to Frank, who hobbed the dies to create a new set of dies, similar to how the US Mint created working dies from master dies.
What is "B-8008"? Is it a variety or common strike?
Here's a common PCGS MS67RD which is PCGS POP 22/1. The highest graded PCGS coin is PCGS MS68RD POP 1/0.
Here's the pop report:
https://www.pcgs.com/pop/detail/confederate-states-america-1861-1863/920?sn=527916&p=MS&g=67&ccid=920
What is up with the PF designation? Shouldn't it be MS?
And what is the B-8008 designation? I don't see any others on ebay with this text.
NGC's CoinExplorer shows that B-8008 is a restrike from non-defaced dies:
I used to chase these on ebay about 20 years ago and I would go as high as $20 or $25 but they have steadily climbed in value since then.
Right now on ebay most are slabbed and they sell for over (sometimes well over) $100. There is an outlier or two in the $75 range, but $35 seems to be a distant memory.
I paid $6 for one in the late 1970s. There was an African-American dealer, John Meeks, in New Jersey, who must have 20 or 30 of them in his lose leaf coin albums.
It is interesting to note that "The Red Book" stated that these pieces were not worth very much years ago.
Yah ... I got nothing
11.5$ Southern Dollars, The little “Big Easy” set
I recall Littleton marketing these in their mailings back in the 70s. Wish I had picked some up back then when they were cheaper.
I picked up a few coppers and a goldine 15 or 20 years ago but never did find a silver I was willing to pay for.
I also picked up a tin (50 struck) for $36 but that is another story...
I think you meant hubbed.
Worry is the interest you pay on a debt you may not owe.
Probably a ""Mechanical"" error, which seems to be happening more often lately across all TPG's.
Actually, I meant hobbed
See MintIndustry.com's page on the Art & Science of Coin‑making
https://www.mintindustry.com/information-hub/coin-making/art-science-of-coin-making/
There's a photo of the Confederate Cent dies that have Frank's name stamped on the shank. I believe it says "hobbed" but I can't find the photos now.
Thx. That explains it.
As @MWallace suggested, a mechanical error, then.
Bought this years ago from a local dealer who recently passed away. Paid around 35-40.
Somebody's pooch is walking funny!
to answer your question, no, the label is not correct. It was mis-attributed as one of the 19th Century restrikes from the original dies. It is actually one of the 20th century strikes from copy dies transferred from the original dies.
As I figured....wow that is a big miss for those guys.... RJ
Yes, it is quite an embarrassment for them.