What I find most interesting about this coin, is the reverse. It has no digs and dents, from the rims of other newly minted coins, landing on it. Conversely the obverse has many, as expected on a mass production coin. The photos of the obverse are not the best, but do show the aforementioned damage. This coin by nature of the fact that it was found in a roll, unless of course, it was a mint fresh one, of 1934 vintage, must have been circulated, even if very little. At least it must have gone through a machine in the re rolling process. I notice that the normally sharp wire edge to the rim, between 4&6 o’clock on the obverse, and my first stop when grading, is worn down, and it may possibly have been head down, in a draw for some of its life. I am going to hazard a guess, that it was the best of a roll of 1934 Uncirculated, weakly struck obverse, worn due, Wheatie’s.
What I find most interesting about this coin, is the reverse. It has no digs and dents, from the rims of other newly minted coins, landing on it. Conversely the obverse has many, as expected on a mass production coin. The photos of the obverse are not the best, but do show the aforementioned damage. This coin by nature of the fact that it was found in a roll, unless of course, it was a mint fresh one, of 1934 vintage, must have been circulated, even if very little. At least it must have gone through a machine in the re rolling process. I notice that the normally sharp wire edge to the rim, between 4&6 o’clock on the obverse, and my first stop when grading, is worn down, and it may possibly have been head down, in a draw for some of its life. I am going to hazard a guess, that it was the best of a roll of 1934 Uncirculated, weakly struck obverse, worn due, Wheatie’s.
I'm in the AU camp. It's a terrific coin to pluck from a roll, but I think that the circulation added the surface blemishes and wear in the high spots (freshly exposed copper). I think it was a liberated MS coin to start, but with the blemishes, AU. LIBERTY also appears to have more recent chatter that I would not attribute to coin-on-coin bag contact marks.