1162

S.S. Republic 1859-O Counterstamped "TN", Seated Liberty Half Dollar [166056]

Currency:USD Category:Coins & Paper Money Start Price:500.00 USD Estimated At:1,000.00 - 5,000.00 USD
S.S. Republic 1859-O Counterstamped  TN , Seated Liberty Half Dollar [166056]
SOLD
1,350.00USD+ (270.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Apr 29 @ 13:26UTC-7 : PDT/MST
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Certified by NGC as UNC with shipwreck effect, an 1859-O Seated Liberty No Motto half dollar. Hand counter-stamped obverse: "T.N" and reverse: "1861." As a counter-stamped coin from the S.S. Republic, the coin bears additional importance. The Republic sank off the coast or Louisiana in October, 1865, carrying coin for both public and private parties, as well as a payroll for soldiers. With the Civil War over, New Orleans was beginning to prosper. This coin, dated 1859, may have had a portion of its life originating in Tennessee in 1861. At the onset of the Civil War, Tennessee was approximately 70% Unionist. But after the attack at Fort Sumpter, the political tide changed, such that when the state voted on secession in July, the secessionists barely won the vote, and Tennessee became the last state to enter the Confederacy. The state had loud political factions, and this coin emphasizes that fact, as a Tennessee loyalist clearly stamped TN, 1861 on this coin during these difficult first six months of 1861. This is a unique and fascinating coin.

Date: 1859
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