I think the price is to high for the poor grade. I would hold off for a nicer coin in better condition even if it cost more.
While I won't address the price (it could be OK considering the coin is a better date), I'd definitely hold out for a problem free example, even if in lower grade. That being said, it doesn't look totally awful. It's entirely up to you what you consider acceptable (or not) for your own collection.
Nay. Too low ball for me. NGC has it listed PrAg for $80.00 so it seems like a good price/deal. I would like/be happy over the price for this keydate, but I think I would be unhappy with the coin.
I wouldn't touch it either. The date is "iffy" and condition very poor. It's your choice though so go for it if you like it. Bruce
I have bought coins in similar condition as "hole fillers" until I could find a better one. If I didn't find a better one, then I, at least had one. I agree with the others that this looks a lot like a 1878. But, the worn 2 can look like an 8. In hand you may be able to read the date better? Like has been pointed out, it's what you are happy with. I totally understand having a tight budget. But, I would try my best to make sure the date is legible. If there is a return option, you could buy it, and if the date wasn't good enough, return it. But, check out the return policy very carefully. Sometimes the return gets expensive. Bottom line is, do you like it enough to maybe have it for a very long time? Can you increase your budget enough to get a better one? The one that needs to be happy with the purchase is you.