Anthony C. Paquet, assistant engraver to Longacre, modified the reverse design, supposedly as an improvement. Lettering is in a taller and narrower font, which proved unacceptable after a few were struck in Philadelphia. Today, just three of these survive. In San Francisco, 19,250 examples were minted before orders were received to discontinue use of the reverse die. Thus, a highly collectible rarity was created. The example shown here is among the finest survivors from the San Francisco coinage.

Purchased 09/24/1987 from Goliad.

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