Watch List notes:

USA (New Orleans mint), half dollar seated Liberty, 1861-O, Louisiana issue, from the SS Republic (1865), encapsulated NGC Shipwreck Effect (B) UNC, die W-08, in promotional case. KM-A68. Struck by the New Orleans Mint after the State of Louisiana seceded from the United States, but prior to the formation of the Confederate States. Lustrous UNC, with light speckled surface and some patches of corrosion from sea water immersion. From the SS Republic (1865), in promotional case with certificate and DVD. (Estimate: $600 - 900)