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<p>[QUOTE=&quot;beef1020, post: 1587454, member: 24544&quot;]S-261 - Large fraction, small date, with the three is imbedded in the bust narrows it down to only the S261.&nbsp; This appears to be an early die state with only a small die crack.</p><p><br /></p><p>Nice detail on the coin but it looks like corrosion on both the obverse and reverse.&nbsp; I am not great at grading these, but I would put it at 40 net 25.</p><p><br /></p><p>&nbsp; This die crack eventually extends all the way up and out the left side of Liberty in a dramatic fashion:</p><p><br /></p><p><a href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=518" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=518" rel="nofollow">http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=518</a></p><p><br /></p><p>Interesting note, the S261 obverse die was used on the 1804 re-strike large cents, and all re-strikes exhibit the same arcing die crack:</p><p><br /></p><p><a href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" rel="nofollow">http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532</a></p><p><a href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" rel="nofollow"><br /></a></p><p><a href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" rel="nofollow"><br /></a></p><p><a href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" rel="nofollow"><br /></a></p><p><a href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" rel="nofollow"><br /></a></p><p><a href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=532" rel="nofollow"></a>[/QUOTE]</p><p><br /></p>

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