1861-O SEATED HALF DOLLAR SET - FEDERAL AND LOUISIANA ISSUES
NGC SHIPWRECK EFFECTSS SHIPWRECK TREASURE COIN SET - The 1861 New Orleans Mint Liberty Seated Half Dollars have one of the most historic pedigrees in numismatics, minted during one of the most dramatic years in our Nation's history, 1861.
These Two 1861-O Seated Liberty Half Dollars were recovered from the historic SS Republic Civil War Shipwreck, Graded NGC Shipwreck Effect. These Rare Civil War Era Shipwreck Silver Coins were struck during the start of the Civil War. The Federal issue was minted for only one month in January, 1861. When Louisiana seceded from the Union, the New Orleans Mint was seized by State Militia on January 31, 1861, and the State of Louisiana minted half dollars until February 9, 1861, when the Confederate States of America is formed with Jefferson Davis, as president.
The 1861-O Liberty Seated Half Dollar is one of the most popular and collected Liberty Seated Half Dollar dates, because they are the only U.S. silver coins minted with the same date/design by 3 different governments... United States of America (Union), State of Louisiana (LA), and Confederate States of America (CSA). One half dollar was struck by the Federal Government and the second was struck by the State of Louisiana at the New Orleans Mint on Federal dies in February 1861.
These two magnificent 1861-O Silver Seated Liberty Half Dollars were minted at the historic New Orleans Mint 157 years ago, before the Civil War. 4 years later, they became part of the much-needed cargo headed South for New Orleans after the Civil War, aboard the SS Republic, a side-wheel steamer that was lost in a hurricane off the coast of Georgia, October 25th, 1865. 51,000 coins and over 14,000 artifacts were recovered from the SS Republic shipwreck, a Civil War-era side-wheel steamship en route from New York to New Orleans that sank in October 1865 after battling a hurricane for two days, with cargo of $400,000 in coins.
138 years later, the shipwreck was discovered by Odyssey Marine Exploration in 2003, resting at bottom of the Atlantic Ocean in 1,700 feet of water. Certified and graded ''Shipwreck Effect'' by NGC (Numismatic Guarantee Corporation), which is the unique result of more than a century of time submerged, and the fascinating chemical reaction of the oceans salt water on the silver in the coins. This shipwreck effect enhances the intricate details of this rare and beautiful historic artifact with a beautiful patina.
These two coins have the pedigree of being part of the largest treasure trove of U.S. coins in history. They are beautifully preserved due to the fact that they were locked in a time capsule at the bottom of the Atlantic for nearly 140 years. Certified and graded NGC (Numismatic Guaranty Corporation) Shipwreck Effect condition (a coin showing evidence of light surface disturbance from immersion in saltwater, and may have some areas of moderate disturbance, not affecting central design elements. This coin possesses above-average eye appeal for shipwreck recovery coin).