THeBlueCashew

General Discussion => General Chit Chat => Topic started by: JOE on August 16, 2023, 03:04:49 PM

Title: So I placed a bid on a Confederate Coin
Post by: JOE on August 16, 2023, 03:04:49 PM
Current Bid is $8,000 (not mine)

https://auctions.stacksbowers.com/lots/view/3-13VMT4/1861-1879-confederate-half-dollar-scott-restrike-breen-8002-ms-61-ngc-cac

(https://images3-cdn.auctionmobility.com/is3/auctionmobility-static-cluster3/gCoT-1-11DHZ/3-13VMT9/912d8706-0cc4-49b3-9ecb-14ea0dc23b2b?width=720&height=720&resizeinbox=true&backgroundcolor=eeeeee)

I'm rather curious as to how high it sells for.

Bidding Ends today
Title: Re: So I placed a bid on a Confederate Coin
Post by: Oliver the Second on August 16, 2023, 06:08:13 PM
What's the thing coming out of the top of the shield?
Title: Re: So I placed a bid on a Confederate Coin
Post by: Herman on August 16, 2023, 07:24:44 PM
Quote from: Oliver the Second on August 16, 2023, 06:08:13 PMWhat's the thing coming out of the top of the shield?
Obviously it is a turd on a stick. C'mon man,think before you post.
Title: Re: So I placed a bid on a Confederate Coin
Post by: Frood on August 16, 2023, 11:28:24 PM
Gee Gads.....(den)
Title: Re: So I placed a bid on a Confederate Coin
Post by: Oliver the Second on August 16, 2023, 11:32:01 PM
I'd pay ten grand if it really did that  :laugh3:  :laugh3:  :laugh3:
Title: Re: So I placed a bid on a Confederate Coin
Post by: JOE on August 17, 2023, 02:37:52 AM
Quote from: Herman on August 16, 2023, 07:24:44 PMObviously it is a turd on a stick. C'mon man,think before you post.

LOL! Yeah the design is lacking and has something to be desired/worked on to refine it.

I quite agree. It's not the prettiest looking item. Looks rather crude.

Nevertheless it ended up selling for $11,700 US. That's maybe $15,000 Canadian?

And I think there's an auction premium on top of that. Like 20%. Add on $

Not bad for something made out of a cheap slug of silver.

And this is just a reproduction or a restrike/copy which was produced after the Civil War and there was no more Confederate States of America.

The original is worth somethin like $1 million US and 1 copy resides in the Smithsonian.

There might be another one owned privately.

The original confederate 1 cent/penny is worth $200,000 US or more.
Probably a good investment as it will probably be worth $1 million one day.
Title: Re: So I placed a bid on a Confederate Coin
Post by: Lokmar on August 17, 2023, 09:58:03 AM
In a SHTF situation, those coins will be hard to move. Junk silver would be a better investment.