Would like to get some thoughts on this coin. The I and the B has issues on the obverse, and United States on the reverse. Please let me know what you think. Thanks
Correct. Worn Die issue. Nothing major. The letters that are weakly struck had compacted grease on the Die. We call it a Struck Through Grease Strike.
I believe paddyman is correct in that it is a "struck through grease" well circulated coin. NAV, No Added Value, in my opinion. Welcome to the neighborhood and good hunting. BTW, if you post your photos as FULL IMAGE it makes it easier for us to enlarge and evaluate your coin. Here are a couple of sites that are helpful when trying to determine what you might have: http://www.error-ref.com/part-vi-striking-errors/ http://www.doubleddie.com/1801.html Good luck.
The weak design on the reverse is in a common area for LWC's to show weakness, due to the design elements on the obverse. I agree the IB being missing on the obverse is a struck thru debris issue. Full photos and it's weight could be helpful.