Noe-36 variety, considered to be Rarity-4.
A definitive example of a denomination which is seldom found original, or well-centered or on a well-balanced round planchet.
But this piece has it all and then some, including an ancient patina. It also happens to be an early state of these dies, without the obtrusive die cud at 2 o’clock on the obverse seen on most examples.
Ex-Stack’s October, 2005 sale of the Ford Collection, lot #144.
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