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<p>[QUOTE=&quot;SuperDave, post: 2378776, member: 1892&quot;]When I look at a coin like this, I see someone wearing it around their neck through the Civil War. The hole is elongated, definitely a worn piece as opposed to one nailed over a door. They&#039;re a unique issue in that they were struck as Proofs yet intended for circulation and released as such. This one is one of the original 1000 struck, in coin alignment (600 more 1836&#039;s were struck in early 1837, in medal alignment and at .900 Fine as opposed to the .8924 Fine of this coin). </p><p><br /></p><p>They were known rarities - in collector circles - from the day they were struck, and enjoyed such popularity among collectors that they were restruck during the late 1850&#039;s and again in 1867-68 to generate income for the Mint to expand its&#039; own coin&nbsp; collection. These restrikes differ from the originals in that the eagle is shown flying level; all originals have the eagle flying upwards as shown on the PCGS coin here.</p><p><br /></p><p>It was the original use of the Seated obverse which went on to be the standard in US coinage for the next six decades.</p><p><br /></p><p>I don&#039;t see a holed, damaged, unworthy coin here. I see a family heirloom, worn for luck (and maybe as a hedge if the wearer was captured) which acquired all its&#039; &quot;circulation&quot; around the neck of a Philadelphia soldier during the war. We&#039;ll never know the coin&#039;s actual history, but this is what I choose to see. In this case, the truth will always be what you imagine it to be.</p><p><br /></p><p>I&#039;d have already bought it if I had the money. It may - or it may not - be a few $hundred above &quot;market,&quot; but there will never be more than one thousand like it and certainly far fewer than that survive. And the first thing I would do upon its&#039; arrival would be to crack it, and hold history in my hand.</p><p><br /></p><p>There is <b>nothing</b> not to love about this coin. It is probably the single rarest US issue which one could comfortably handle raw.[/QUOTE]</p><p><br /></p>

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