Attractive copper and blue toning with the luster expected of a nice AU. The misplaced UNI is bold on this early die state; one wonders whether the engraver made a serious effort to erase his error. The population of high grade “UNI” pieces is well short of that needed to meet the demand for this alluring Red Book variety. The latest auction appearances of CAC approved, PCGS graded AU 55’s are the Hamilton coin (lot 4525, Heritage, Aug. 2016 @ $4,818) and an example from the Cape Cod Collection in MB 47 (Jan. 2018, lot 26 @ $5,115). It is your cataloger’s opinion that this coin is nicer that Hamilton’s (I sold it to him in 1990) and a notch better than the Cape Cod Coin. Est. $4,000 to $5,000.
Sheridan Downey, Numismatist Oakland, California firstname.lastname@example.org (510) 479-1585