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SS Republic 1861-O Confederate Issue Half - NGC Survivor Pop. Report ?

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ExoGuy's Avatar
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 Posted 05/04/2017  11:39 pm Show Profile   Bookmark this topic Add ExoGuy to your friends list Get a Link to this Message Number of Subscribers
I just acquired the below Confederate issue half dollar, identified as such by the long die crack extending from the bridge of Liberty's nose. NGC didn't grade it, but it appears to have been uncirculated when the SS Republic sank. While the so-called "shipwreck effect" is evident, I like the look of it, the sharpness of detail, and I love the history that surrounds this issue.

I'm wondering if there exists a population report that cites how many 1861-O halves were salvaged and certified by NGC? Also, I'd be interested in learning how many of each variety have been certified with the SS Republic provenance. Can any readers point me in that direction?

SS-Republic-1861-O-Confederate-Issue-Half----NGC-Survivor-Pop.-Report-?

SS-Republic-1861-O-Confederate-Issue-Half----NGC-Survivor-Pop.-Report-?
Edited by ExoGuy
05/04/2017 11:49 pm
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Conder101's Avatar
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 Posted 05/05/2017  08:38 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Yours is much nicer than most of the SS REpublic coins I have seen. Most of them show severe hairlining from very harsh cleaning.
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ExoGuy's Avatar
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 Posted 05/05/2017  10:06 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
Yours is much nicer than most of the SS REpublic coins I have seen. Most of them show severe hairlining from very harsh cleaning.


Yes, Condor, the comparatively favorable condition is what initially caught my eye. However, it was the die break, the most valued variety with the Confederate history, so to speak, that really sold me on the piece.

I'd really like to know how many of this, WB-102 variety resurrected from the SS Republic NGC slabbed; this, in comparison to the other varieties. Overall, it appears that NGC has certified a total of 33 coins of the WB-102 variety. That said, the number of "SS Republic" coins is not cited in their population reports, it seems.
Edited by ExoGuy
05/05/2017 10:09 am
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BStrauss3's Avatar
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 Posted 05/05/2017  2:26 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Did you call NGC customer service and ask?
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ExoGuy's Avatar
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 Posted 05/05/2017  3:00 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
Did you call NGC customer service and ask?


Yes. The rep said she'd look into it and was surprised to see that a few other varieties of the SS Republic's 1861-O's were documented, just not this one. She also mentioned that such info may have been proprietary.

P.S. - Got a call back from the lady at NGC this afternoon. She had spoken with a co-worker and expects that their census info for the 1861-O varieties will be amended by next week.
Edited by ExoGuy
05/05/2017 8:00 pm
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Earle42's Avatar
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 Posted 05/05/2017  8:13 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Very nice half, and great history to go with it. Your thread is an example why I so enjoy CCF.

I had never paid enough attention to older US coins to think about this being a Confederate issue before. Its one of the those learning moments where I kick myself for not seeing what now seems so so obvious!

Thanks for sharing.

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ExoGuy's Avatar
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 Posted 05/05/2017  8:35 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Thanks, Earle. I have yet to watch the accompanying video which relates the recovery of these coins from the sunken SS Republic .... even more history!
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chevelle7167's Avatar
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89 Posts
 Posted 05/07/2017  2:55 pm  Show Profile   Bookmark this reply Add chevelle7167 to your friends list Get a Link to this Reply
I had two of those W-102 die crack varieties from the ship wreck. I wish they put them in edgeview holders, but I guess that was before that time. They are nice coins, but the scratches and erosion of metal from being under water so long turned me off to them, and I sold them both on ebay, and bought a regular issue one. Neat coins though. Overall I would say there were hundreds if not thousands of the 1861-0 half of all varities from the shipwreck. They are all over the place. Tons on ebay, coin shows, etc. They won't put them in the population report because they are damaged coins and will not grade
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ExoGuy's Avatar
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 Posted 05/07/2017  4:01 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
@chevelle7167 ... I attend a fair number of coin shows and am active on ebay. I'm not seeing tons of the WB-102's though.Just now doing a search on ebay, I count 9 WB-102's, 1861-O's, for sale. Compare that to the more than 200 1916-D dimes and well over 300 1909-S VDB's presently listed for sale on ebay, and this variety looks like more of a winner to me ... then too, there's the history. As a longtime collector of counterstamps, a.k.a. PMD coins, the history tends to be more intriguing than the condition. Then too, I do buy a pretty type coin now and then!

Regarding the population, I'm particularly curious about how many of this variety from the wreck were certified by NGC. NGC did report the amounts for other varieties. I'm hoping to get an answer this week and will update this thread, accordingly.
Edited by ExoGuy
05/07/2017 4:02 pm
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ExoGuy's Avatar
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 Posted 05/22/2017  08:45 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
I see that NGC has now updated their population report on this issue as I was told they'd do ....

https://www.NGCcoin.com/census/unit...eties/16303/

Their report now lists but a single piece. However, a few weeks ago, I spotted another piece on ebay. Like mine, it was in an NGC holder, ungraded with the shipwreck effect, and from the SS Republic. Here are pics ...

SS-Republic-1861-O-Confederate-Issue-Half----NGC-Survivor-Pop.-Report-?

SS-Republic-1861-O-Confederate-Issue-Half----NGC-Survivor-Pop.-Report-?

Here' the ebay listing ... http://www.ebay.com/itm/1861-O-50c-...351953968922

Here's my NGC piece ... SS-Republic-1861-O-Confederate-Issue-Half----NGC-Survivor-Pop.-Report-?
Edited by ExoGuy
05/22/2017 08:53 am
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MeadowviewCollector's Avatar
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 Posted 05/22/2017  12:11 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I remember seeing somewhere, either on the tv or online, where NGC had a multi-coin holder with an 1861-O half dollar struck under the authority of the US, Louisiana and the Confederacy from this shipwreck.



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ExoGuy's Avatar
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 Posted 05/22/2017  1:32 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
I spoke with another Rep from NGC. I was told that the one I reported is the one now posted in the population report. To make a long story short, there was no original accounting done by NGC for all the varieties, and there's no way NGC can formulate an accurate accounting.

Meadowview's posting got me to thinking that only the original consignor, Odyssey, the company that recovered the coins would have an original number. An online search led to this .... https://archive.org/stream/gobrecht...ibe_djvu.txt

Excerpt (Odyssey ad):

1861-0 3-Coin Three Government Matching Date Set: 1861-0 Liberty Seated Half
Dollars minted by the United States, the State o[ Louisiana and the CSA. Starting from
$6,940 (higher grades available, please inquire)

1861-0 l4-Coin Three Government Complete Set:

Collection includes every die pairing issued by the United
States, the State of Louisiana and the CSA. Maximum 49
sets available. Starting from $26,840 (higher grades
available, please inquire)

Individual State of Louisiana and CSA 1861-Os are also
available starting at $1 ,495.


Given that the CSA issue is the scarcest variety, there were at least/best 49 of these coins recovered from the SS Republic.
Edited by ExoGuy
05/22/2017 1:34 pm
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