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<p>[QUOTE="fiddlehead, post: 1866236, member: 31286"]It's a business strike, but despite the high mintage (of course, "high" is also relative) coin facts also lists the survival rate as extremely low. It was heavily circulated 175 years ago, then melted down, etc. Only a couple of hundred or so may remain. NGC has more graded examples than PCGS but neither has a whole lot. The Philadelphia mint was the only mint making them in 1840.[/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 1866236, member: 31286"]It's a business strike, but despite the high mintage (of course, "high" is also relative) coin facts also lists the survival rate as extremely low. It was heavily circulated 175 years ago, then melted down, etc. Only a couple of hundred or so may remain. NGC has more graded examples than PCGS but neither has a whole lot. The Philadelphia mint was the only mint making them in 1840.[/QUOTE]
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