I'm now very much into ancient coins but every now and then I go through my old half dime collection that was put together 30+ years ago. This morning I was looking at this 1854 half dime with arrows which I marked as a V-1 with date touching base. When I looked to find other similar pieces I saw some with a high date which just touched the base which they also called a V-1 variety, but not like this one. Here's my example: On mine the top of the date actually curves up on the base. I'm guessing this is the proper V-1 variety ... I think.
Your specimen is an V-1 Neil N3 Breen 3069 It is listed as a misplaced date MPD -001 The tops of all 4 digits are in the rock. This isn't technically is not a repunched date! Value of your coin with the variety at its current condition around $45.
To be honest human error .....and thought out this hobby there are so many examples.....like this ..... Here's an 1869 shield nickel...look at that mess!!!! How many punches how many different punches? Look how skinny the under lying digits are....no way as per design on paper. Unskilled labor, who could drink on the job. Even to the fact they somehow mixed up punches...shapes and sizes....that were or could be used on larger coins.
You helped me once before (about 3 years ago) with an 1850-O small O half dime variety. I very much appreciate your time.
I just picked up an 1854 w/ arrows half dime V-1 off of eBay, but I definitely over paid for it. It's in terrible condition but I thought it was neat. I maybe should have done the research BEFORE I bought the coin.... Oh well.