Lightly cleaned, however, with considerable remaining lustre. The obverse has bright silver surfaces while the reverse is lightly toned with very light gold and hints of blue along the borders. This is an extremely important opportunity for the advanced collector. Just over 30 examples are known with this variety very high in the Rarity-5 classification. In the second edition of Overton, published in 1970 and actually called the Revised Edition, this variety was considered Rarity-8, meaning that Al Overton was not aware of more than three coins! Thus only about 30 additional examples have been found in the last 32 years, or not quite one a year. This suggests that it will be another 40 years before this variety even approaches the Rarity-4 level!

Although far from the finest known, this is quite possibly a Condition Census example ranking among the top six known. Tied with one other for the finest recorded in the JRCS Census, and ranking third among those coins listed in Don Parsley's record, this example will place fourth among auction records when Steve Herrman revises his publication after this sale.

This is a later die state (assuming there should even be a distinction) with obverse borders lacking details and stars drawn to the edge. Actually, there is a very faint trace of obverse dentils at the extreme edge of the obverse rims. The reverse has full borders, and the letters are NOT drawn to the edge.

From our sale of November 1989.