Watch List notes:

USA (New Orleans mint), Seated Liberty half dollar, 1861-O, Louisiana Issue (die W-03), NGC SS Republic / Shipwreck Effect (B) UNC.KM-A68.When Louisiana seceded from the Union on Jan. 26, 1861, it continued to strike half dollars at the New Orleans Mint. This continued until the state joined the Confederacy on March 21, 1861, placing control over the mint to the Confederate Treasury. Flashy, original surfaces with minor bagmarks, no wear, and just a few small spots of minor saltwater corrosion appropriate for the Shipwreck Effect designation and adjective grade, spots of faint gold toning, difficult to find a nicer example of this first die pairing (W-03) for the State of Louisiana-struck halves.Housed in a book-type presentation case with certificate. From: S.S. Republic, sunk in 1865 off Georgia
($300-450)