An extremely attractive example with natural light ivory lustre and peripheral iridescent toning. The obverse has a very minor patch of hairline scratches above the date. This is the finest of 16 examples recorded in the Census. This is a scarce die marriage, however, available in all grades including Mint State and Proof. An article by Stephen A. Crain in Volume 9, Issue 1 of the Journal discusses the remarriages of this variety and 1831 LM-1. His excellent article details the nature and importance of remarriages to the numismatic specialist.

Previously certified MS-62 by NGC.

First use of obverse 5 and the second use of reverse L. This reverse was first used in 1831. The emission sequence is 1831 LM-1.1, 1830 LM-9.1, 1831 LM-1.2, 1830 LM-9.2, 1831 LM-1.3. This is a late die state although with perfect obverse. The reverse has die chips within M, N, and upper loops of both first and second S. Very minor rim crumbling is noted over the final A and arrowheads.

Purchased January 1995 from Jim Matthews.