The reverse die is in its third and final use. “Incused segments” over the eagle are a hallmark of the variety. (They are absent on the O.101, first appearing on the O.110.) Only early die states of the O.102 were struck on planchets with the XXX edge. All examples of O.101 and O.110 have an XXX edge. Both are rare die pairs, contributing little to the population of this scarce “experimental edge” and virtually nothing to the limited number of high grade specimens. Here is a connoisseur’s 1809. For the moment, ignore its rarity. Full mint luster lies beneath an unquestionably original patina of antique grey toning. The strike is sharp – just a hint of weakness in the left wing. The surfaces are immaculate. The coin last appeared in Legend’s May 2018 sale, lot 544. It brought $8,519, a testament to its rarity and the demand for original, high grade examples.Estimate: $7,500 and up
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Sheridan Downey, Numismatist 4400 Keller Ave.,
Suite 140, PMB 398 Oakland, California 94605 email@example.com (510) 479-1585