Light gray surfaces with hints of peripheral toning. Very minor abrasions are present on each side.

An extremely important early die state example. The obverse bulge is only faintly visible. The reverse has clash marks from the obverse border through UNITED, however, there is no evidence of any reverse die cracks. This die state is recorded by Steve Herrman as O-105' and is listed as Rarity-6.

Ex J.N. Logan.