1861-C $5 MS(PCGS#8289)

Internet Auction #1140

Auctioneer

David Lawrence RC

Lot Number

7353

Grade

AU53

Price

15,250

Lot Description

The 1861-C is a fascinating issue with many questions yet to be answered, thus leading to speculation amongst collectors and experts. The Confederacy took control of the mint before the production was complete at the beginning of the war, leaving 887 pieces still to be struck. The remaining coins were struck after the mint's employees took loyalty oaths to the Confederacy, and are loosely considered CSA coins. Unfortunately it's impossible to be assured of which coins are actually Confederate issues, but it has traditionally been thought that the pieces with a die crack through the top of AMERI were struck under the authority of the Confederacy.