Miller 7-I, W-2830 variety, Hercules Head type.
Not to be confused with the relatively common Rarity-2 1786 M.5.3-N Hercules iteration, the 1787 M.7-I issue offered here is solidly R-6 with about two dozen known in all grades.
And this amazing piece has to be at the very top of the condition census for the issue with superb color, hard, smooth, lustrous surfaces and, despite its central weakness, exhibits a sharper and more even strike than is typically found on this issue.
Ex Heritage’s May 2014 sale of the Eric P. Newman Collection, lot #30083; earlier B.G. Johnson; earlier Virgil Brand; earlier Dr. Thomas Hall.
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