Technically unless he found it on the street or a change cup he bought it. Looks decent for a raw circ. it’s not to beat and nicked. Look the date over for signs of a repunched date there is a couple varieties that year. I have an old finders report that list markers and what not but they should be online no problems to look at. Reed.
Thanks for the looks and comments, it came from a bank box and the date does not show any of the double markings; it has a couple dings and LIBERTY is not clear on the head band, but a good start to the new year.