 1850'O' Closed 5. Choice About Uncirculated. A bold strike is immediately obvious from the minutely detailed devices and crisply defined reliefs including both stars and legend. Systematic examination under a glass finds a couple of very minor surface scuffs typical of these large-diameter coins. Here is a New Orleans date that is substantially scarcer than even its small reported mintage of 40,000 would at first indicate. The late Walter Breen suggested that bullion dealers may have sent many to the melting pot soon after issue, and lack of specific collector interest in mintmarks before 1893 further limited the number of higher grade coins that were preserved.
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