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<p>[QUOTE=&quot;Conder101, post: 1300434, member: 66&quot;]I have always found this coin to be something of an enigma.&nbsp; Popular and high priced but really not that rare.&nbsp; At best it is probably only a low R-4 coin. At one show Larry Briggs had a roll of them, FIFTY 39/6 cents, in his case.&nbsp; He had no problem finding homes for them.&nbsp; It still gets cherrypicked because it is easy to recognize.&nbsp; Frankly it probably has it&#039;s high price because there ARE some people that hoard it.&nbsp; It reduces the number of coins available for the collectors and drives the price up.&nbsp; A similar piece is the 1803 S-262.&nbsp; Long listed as an R-5 coin one collector decided it wasn&#039;t and decided to prove it singlehandedly.&nbsp; He has proved it, since he has 68 of them now and it is probably also a low R-4 at best andmay only be a high R-3.&nbsp; But since he owns a large fraction of the existing coins it has pushed the price for the coin WAY up over what it would normally be, in fact up higher than what an average R-5 coin would normally bring.[/QUOTE]</p><p><br /></p>

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