(1961) 1861 Confederate Cent, Bashlow Restrike, Gold, MS67 NGC. Breen-8010
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(1961) 1861 Confederate Cent, Bashlow Restrike, Gold, MS67 NGC. Breen-8010. Designated by NGC as "defaced dies," but this requires explanation. Robert Bashlow and David Laties purchased the original (and defaced) 1861 Confederate cent dies from John J. Ford, Jr. Hubs were made from the cent, and dies were then made from the hubs. Thus, the 1961 Bashlow restrike Conferate cents were struck from transfer dies derived from the original defaced dies. Bashlow struck 20,000 pieces in bronze and another 5,000 pieces in goldine, but the gold mintage was just three pieces. Reportedly, an example was donated to the Smithsonian, which would leave just two pieces available for collectors. In our 2011 Chicago Signature (lot 7745), we sold an MS63 NGC gold Bashlow restrike cent for $21,850. The present Superb Gem is a different example, identified by a minute carbon fleck above the 6 in the date. The surfaces are otherwise pristine, and exhibit in full detail the rust and cancellation marks endured by the defaced original dies. Grade: 67, Service: NGC, Service No.: 661127, Issue Date: 1127, Denomination: MS
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