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SERIES: Confederates
LEVEL: Year, MintMark, & Major Variety

1861 1C CSA Restrike-Cop, BN (Proof)

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Metal Content:
Auction Record:
$52,875 • PCGS PR64BN • 5-16-2018 • Legend Rare Coin Auctions
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 PR64BN PCGS grade
1 PR64BN PCGS grade  
3 PR63BN PCGS grade
3 PR63BN PCGS grade  
5 PR62BN PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 PR64BN PCGS grade
1 PR64BN PCGS grade  
3 PR63BN PCGS grade
3 PR63BN PCGS grade  
5 PR62BN PCGS grade  
5 PR62BN PCGS grade  
7 PR40 PCGS grade  

Ron Guth: Varieties:
Restrikes from unbroken dies:
     Copper - 55 struck
     Gold - 7 struck
     Silver - 12 struck
Restrikes from broken dies:
     Aluminum - 50 struck
     Bronze - 20,000 struck
     Gold - 3 struck
     Goldine - 5,000 struck
     Lead - 50 struck
     Nickel Silver - 50 struck
     Platinum - 3 struck
     Red Fiber - 50 struck
     Silver - 5,000 struck
     Tin - 50 struck
     Zinc - 50 struck

In their June 11, 2001 issue of The Coin Collector, Bowers & Merena Galleries offered an undated (c. 1874) Washington Head/Confederate Cent muling for $24,000.00

P. Scott Rubin: The Confederate Cent Restike struck in copper is dated 1861 but was produced in 1874 by Philadelphia coin dealer John W. Haseltine and Philadelphia numismatist J. Colvin Randall. Only fifty-five coins were struck in this metal with the same dies used to strike the 1861 Original Confederate Cent, the original was struck in copper-nickel. The dies were acquired from Robert Lovett, Jr., the creator of the coin, either in late 1873 or early 1874.

By the time the restrikes were produced the reverse die used to strike the Confederate Cents had developed a die break on the left side of the die. Because of this die break less force was used to strike the restrikes than was used to strike the originals. By the time these copper restrikes were made copies had been struck in both Gold and Silver. The story told by Haseltine claims that while they were attempting to strike the 56th copper restrike the die broke and no more coins could be made. However, we know that the die was already broken and that when the die was originally given to the Smithsonian by Robert Bashlow in the 1960’s the die was still in one piece, subsequently the die did lose a section of the left side of the reverse because the was badly cracked.

We also know that that sometime after the Haseltine and Randall restrikes were made the dies were defaced with the hope that no more restrikes could be made from these dies. While no more full restikes were ever made from these dies, there are two issues that were produced with the help of the dies. The first is a Washington token that was made in the late 1800’s using an unrelated Washington token die with the now defaced reverse die used to make the Confederate Cent. Then in 1961 Robert Bashlow ( a coin dealer) bought the obverse and reverse dies for the Confederate Cent and had the Philadelphia firm of August Frank make copy dies from the originals so 2nd restrikes of the Confederate Cent could be made and sold to the public. These 2nd restrikes were made in the metals mentioned above by Ron Guth. These were mostly made on double thick planchets and exhibit raised damage that was created when the original dies were defaced.