Confederate Cent

[levis_dad]

Howdy folks. A friend of mine asked me to post this coin on TNet to see if it is possibly a genuine Confederate cent. He says he found it in his grandmother's bathroom on a shelf up high, and that his grandfather probably put it there for safe keeping. His grandfather was born in the 1880's (not sure exactly what year), so I figured it was a good possibility that maybe the grandfather's grandfather gave it to him.

What do you guys and gals think?

 

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[La Beep]

one way to be sure send it to PGGS to be graded. But you may not like what you hear since it appears no originals been found except the one Lovett spent.

 

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[Mackaydon]

BCH:
True, that any imitation numismatic item (relica coin, for example) that was manufactured and sold prior to the Hobby Act may have been a legally sold item. However, if that same item is resold today, that item would have to conform to the requirements of the Act. At least that's how I read the Act.
Don........

 

[Bigcypresshunter]

Ok. Chances are that the coin is a replica. Now the question is: what kind of value does it have? $3 to $5 ?
I'm sorry if I keep dragging this out, but I promised my friend that I would try to get an approximate value.

I never said it was a copy, you know. I am only saying its possible. I really hope you have the "real McCoy".
Please keep us informed. We are all hoping for you.

 

[Bigcypresshunter]

BCH:
True, that any imitation numismatic item (relica coin, for example) that was manufactured and sold prior to the Hobby Act may have been a legally sold item. However, if that same item is resold today, that item would have to conform to the requirements of the Act. At least that's how I read the Act.
Don........

He found it in the 70's, so it may have been legal even IF its a copy.

 

[Bridge End Farm]

If it belonged to my grandparents, I would just keep it copy or not

 

[Ozzys_Angel]

Whether its a copy or not, its still one heck of a thing to find on dusty old shelf LOL

 

[Evolution]

If it belonged to my grandparents, I would just keep it copy or not

I dont know if I would. If it were worth 50 or 60 grand I might unload it and pay off alot of my mortgage. However, I kind of agree with the person who overlaid the coins. The font looks wrong....no dot after America....and also the person who said the dots in the headband appear indented seems right too. The ones on your coin appear to be raised. I hope its real but my gut says no. Still a very interesting find.

 

[Charlie P. (NY)]

BCH:
True, that any imitation numismatic item (relica coin, for example) that was manufactured and sold prior to the Hobby Act may have been a legally sold item. However, if that same item is resold today, that item would have to conform to the requirements of the Act. At least that's how I read the Act.
Don........

He found it in the 70's, so it may have been legal even IF its a copy.

I don't believe it's been illegal to counterfeit Confederate currency since 1865 or so. It's not an official currency. Make all you like - who's going to enforce the Confederate mint laws? It IS illegal to defraud someone into thinking a forgery or modern copy is the real deal. That's still fraud.


Which is not to pass a judgement on the coin in question. I have no idea if that's the real deal.

 

[Bigcypresshunter]

BCH:
True, that any imitation numismatic item (relica coin, for example) that was manufactured and sold prior to the Hobby Act may have been a legally sold item. However, if that same item is resold today, that item would have to conform to the requirements of the Act. At least that's how I read the Act.
Don........

He found it in the 70's, so it may have been legal even IF its a copy.

I don't believe it's been illegal to counterfeit Confederate currency since 1865 or so. It's not an official currency. Make all you like - who's going to enforce the Confederate mint laws? It IS illegal to defraud someone into thinking a forgery or modern copy is the real deal. That's still fraud.

I repeat the Hobby Protection Act. I believe it is the law. http://collectors.org/Library/Hobby_Protection_Act.asp

Sec. 304.6 Marking requirements for imitation numismatic items.

(a) An imitation numismatic item which is manufactured in the United States, or imported into the United States for introduction into or distribution in commerce, shall be plainly and permanently marked "COPY".
(b) The word "COPY" shall be marked upon the item legibly, conspicuously, and nondeceptively, and in accordance with the further requirements of these regulations.
(1) The word "COPY" shall appear in capital letters, in the English language.
(2) The word "COPY" shall be marked on either the obverse or the reverse surface of the item. It shall not be marked on the edge of the item.
(3) An imitation numismatic item of incusable material shall be incused with the word "COPY" in sans-serif letters having a vertical dimension of not less than two millimeters (2.0 mm) or not less than one-sixth of the diameter of the reproduction, and a minimum depth of three-tenths of one millimeter (0.3 mm) or to one-half (\1/2\) the thickness of the reproduction, whichever is the lesser. The minimum total horizontal dimension of the word "COPY" shall be six millimeters (6.0 mm) or not less than one-half of the diameter of the reproduction.
(4) An imitation numismatic item composed of nonincusable material shall be imprinted with the word "COPY" in sans-serif letters having a vertical dimension of not less than two millimeters (2.0 mm) or not less than one-sixth of the diameter of the reproduction. The minimum total horizontal dimension of the word "COPY" shall be six millimeters (6.0 mm) or not less than one-half of the diameter of the reproduction.

[40 FR 5496, Feb. 6, 1975, as amended at 53 FR 38942, Oct. 4, 1988