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Lot 360

1808, O-102a, R-2.
PCGS graded MS-65. A knockout gem of this date! The luster is
bright and fresh and the coin possess a lovely satiny appearance. The strike is
sharp too, with full curls on Liberty, and none of the usual weakness seen on
the upper curls or on the wing feathers on the eagle. Naturally, the surfaces
are pristine and show only faint signs of handling. Delicate gold toning has
formed around the periphery of both sides, but the coin remains mostly white
and untoned elsewhere. A later die state with a bisecting vertical crack
through the 0 of the date through Liberty and out her cap through the B of
LIBERTY to the rim above, which adds interest to the collector. Both dies show
light clash marks as well. John Reich's signature notched star is present in
the usual location, the final star right of the date, with the outer point with
a notch cut out of it. This notched star is believed to have been Reich's
"signature" for the dies he engraved, as no initials were allowed (probably a
mint policy) at the time on dies. Remarkably, a this date has been found in
gem condition, in fact PCGS has graded 5 coins as MS-65 so far of this date,
and even more remarkable, there are 6 more graded higher (best MS-67). A gem of
the first water and worthy of a top notch type or date collection.
Estimated Value $9,000-10,000.
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