Confederate Half Dollars - Million Dollar Silver Coins

In 1879 the only known specimen of the officialpresented to Professor John L. Riddell of the
metallic coinage of the Confederate States ofUniversity of Louisiana (Tulane). The third coin was
America was discovered. This silver coin was onegiven to Dr. E. Ames of New Orleans and a fourth
of four Confederate Half Dollars known to exist.was kept by Taylor.
Very few American coins today can be said toE. Mason sold the test coin and Confederate
spark as much interest by coin collectors as thisreverse die to J.W. Scott Stamp and Coin Co. of
very rare half dollar, with its United States SeatedNew York. Scott then obtained 500 1861 United
Liberty obverse and unique Confederate StatesStates half dollars bearing the New Orleans mint
reverse design.letter on its reverse. He then had the reverse
The story of its finding in 1879 began with adesign removed from each coin and they were
newspaper article written by E. Mason ofrestamped with the reverse die of the
Philadelphia about coin collecting. A few days laterConfederate Half Dollar.
he received news from B.F. Taylor, MD thenEstimated valued of one of the original four 1861
secretary and treasurer of the Louisiana StateConfederate Half Dollars is near one million dollars.
Board of Health that he had one 1861One of the 500 Scott restrikes in uncirculated
Confederate Half Dollar and the original die. Taylorcondition is valued at almost $10,000.00. 1861 U.S.
had been chief coiner of the Confederate Mint inhalf dollars are valued at less than $100.00 for one
New Orleans, LA in 1861.in a lower grade to $1,000.00 for an uncirculated
Taylor reported that a reverse die was engravedexample. 2,887,400 1861-O half dollars were
by A.H. Peterson and that four test coins on aminted by the U.S. and the CSA. The CSA struck
hand press were produced in April of 1861. Originalover 2 million of these U.S. 1861 half dollars with
United State silver planchets, confiscated by theseized planchets. On April 30, 1861 the New
Louisiana Militia on January 31, 1861, were used.Orleans mint was closed due to difficulty obtaining
One of these coins was given to Jefferson Davis,bullion.
President of the Confederacy. A second coin was