Unlike the 1894 Morgan where I learned a tough lesson (A Few Better Items From My Collection #2), this coin was a lesson with pleasant results. I had an 1858 LL Flying Eagle in an PCGS AU slab for my type set. Then I got my copy of Cherrypickers'. While I was using it to check my coins I discovered that in fact I had an 1858/7 LL Flying Eagle, the 006.1 variety. That discovery turned a $150 coin into a $1000 coin. I no longer have images of the 1858/7 but it got me this coin and for a little extra money an 1862 IHC in MS-64. Actually it took me twice to learn to check my coins for varieties. I had also bought an 1862 Indian Princess Large Head $1.00 gold coin for my type set. Upon a closer look it turned out to be the DDO variety which increased its value about 50%. LESSON LEARNED: Take the time to look at your coins more closely.
The 1862 wasn't a DDO. It's just that there was enough money left over from the sale of the 1858/7 that for a little extra from me I could buy the 1862. It was an MS-64 too.