Market Analysis: 1861-dated CSA cent restrike
- Published: May 30, 2023, 9 AM

Among the most popular of the issues collected broadly under the Confederate States of America tag are the cents that were reportedly produced as prototypes for a Southern coinage.
Heritage offered an 1861 Confederate cent that was a rare restrike by John W. Haseltine, struck in 1874 from the original dies produced by Robert Lovett Jr. of Philadelphia. Haseltine struck a reported 55 pieces in copper, along with some rarer gold and silver strikes.
The obverse features what Heritage calls the “French Liberty Head” design with Liberty wearing a pileus on her head. The reverse wreath depicts a bale of cotton along with tobacco, corn, maple and two barrels. The engraver Lovett’s initial is seen on the cotton bale.
The featured example was last offered a decade ago at Heritage where it realized $70,500. On May 3, graded Proof 65 red and brown by Professional Coin Grading Service with a green Certified Acceptance Corp. sticker, the historic “cent” sold for $102,000.
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