1858-O Half Dollar NCG Restrike? Any information on this? Picture included

TexasNationals · April 14, 2011 10:17AM

My friend found this at a pawn shop today and sent me pictures asking if I have ever seen or heard of it on the boards, nope, so I turn to the resident experts help?

1) Why were these made? (Raise money for some thing)
2) Who had them slabbed and why? (Shipwreck propaganda, give-a-ways)
3) Why a 1858-O with the counter stamps
4) The "WAR" is stamped but 1861/ looks like it was doe with a sharp instrument- 1861 Civil War? Something in New Orleans?
5) Is it newer? Did it make it into the SCD book?
6) Anyone seen one sell, do they carry any premium?

coirn · April 14, 2011 10:23AM

NGC slabs this but not Daniel Carr's 1964 Peace dollar. The latter being a genuine coin and the former being a silver round (of sorts).
Go figure.

I'd imagine it is worth about melt plus a small premium. $30. and call it a day.

TexasNationals · April 14, 2011 10:32AM

Thanks for your help and insight, now that I know the value and background based on your expertise I feel much better now. Oh and thanks for side tracking an honest thread (or on the path) so it can get locked because you can't live without your DC Dollar not being in plastic, because well, that is all you know.

So what Alt. did you come back from?

Anyways, anyone who could help would be appreciated.

Thanks,

TN

savoyspecial · April 14, 2011 10:36AM

Link

savoyspecial · April 14, 2011 10:39AM

TexasNationals,

The link i sent retails them for $40 but i can remember when this first came out a couple of years ago they were selling for something like $99.99 at the time......hope this helps