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1961 Copper Bashlow Restrike

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Hammbone's Avatar
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 Posted 05/08/2014  12:10 pm Show Profile   Bookmark this topic Add Hammbone to your friends list Get a Link to this Message Number of Subscribers
Loan someone tell me what kind of coin this is? I don't even know what kind of coin this is and where to begin looking this up. Is this a foreign coin? Someone please let me know the value too. Thanks in advance.

1961-Copper-Bashlow-Restrike

1961-Copper-Bashlow-Restrike
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CGCoins's Avatar
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797 Posts
 Posted 05/08/2014  12:11 pm  Show Profile   Bookmark this reply Add CGCoins to your friends list Get a Link to this Reply
What it is, is a restrike of a Confederate States of America 1 Cent.
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Conder101's Avatar
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 Posted 05/08/2014  1:06 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
In 1961 Robert Bashlow used transfer dies from the original dies used to strike pattern 1 cent pieces for the Confederate States of America. He made restrikes in copper, silver, a brass alloy called goldine, red fiber, lead, and a couple other alloys. If I remember correctly he made 5,000 each of the silver and goldine and 20,000 of the copper ones. The other compositions were around 50 pieces or less each.
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biokemist6's Avatar
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 Posted 05/08/2014  1:29 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Robert Lovett engraved the original CSA dies and struck twelve coins in 1861 that were essentially patterns. John Haseltine acquired the dies in the 1870s and struck a limited number of restrikes in various compositions(but not the original cupronickel alloy) before suffering a die failure. The original dies resurfaced again just in time for the centennial anniversary and were obtained by Robert Bashlow. Since the original dies were cracked and cancelled, Bashlow made transfer copies of the original dies and used these new dies, complete with cracks and chisel marks, to strike a new set of coins in 1961. Since new transfer dies were used, they are not restrikes in the traditional sense, more like reproductions. 5,000 silver, 5,000 goldine(brass alloy), and 20,000 copper examples were struck in 1961 so they can be obtained by most collectors unlike the originals and restrikes.
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Hammbone's Avatar
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 Posted 05/08/2014  4:21 pm  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
Great information! Thank you. So what would you say is the value of this coin today?
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biokemist6's Avatar
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 Posted 05/08/2014  10:55 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Checking completed listings on ebay, an NGC 64 sold for $54 and an NGC 66 sold for $82.
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Hammbone's Avatar
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 Posted 05/09/2014  02:53 am  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
Thank you.
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SsuperDdave's Avatar
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 Posted 05/09/2014  08:47 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
So what would you say is the value of this coin today?


I would say "zero." It's only worth money because people think it's interesting - to me, it's just somebody's garage project which happened during my lifetime. No, thanks.
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oih82w8's Avatar
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 Posted 05/09/2014  09:22 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply

Quote:
I would say "zero." It's only worth money because people think it's interesting - to me, it's just somebody's garage project which happened during my lifetime. No, thanks.


Well then, I guess that I will not show my MS67 version (closing the lid quietly).
Edited by oih82w8
05/09/2014 09:24 am
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SsuperDdave's Avatar
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 Posted 05/09/2014  11:08 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
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Hammbone's Avatar
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133 Posts
 Posted 05/09/2014  1:04 pm  Show Profile   Bookmark this reply Add Hammbone to your friends list Get a Link to this Reply
Hahaha--I agree, beauty is in the eye of the beholder.
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