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<p>[QUOTE=&quot;ksparrow, post: 740859, member: 7638&quot;]I agree that this coin shows too many parallel hairlines in the fields to be due to anything BUT deliberate human activity. My photos show it in a particularly unflattering way; in hand, it is actually attractive with considerable luster, believe it or not! Under a glass, it is difficult to find any sign of circulation wear at all; forgetting the hairlines for a moment, I believe it has the details of an AU58-MS62 coin. The hairlines don&#039;t extend onto the devices. It cartwheels nicely and the toning is more subtle than in my photos.&nbsp; I think this coin represents an example of &quot;market grading.&quot;&nbsp; It is appealing, looks AU to UNC, but has those pesky hairlines which with the naked eye don&#039;t look too bad at 18&quot;.&nbsp; I think PCGS decided it was worth AU53 money, rather than a BB.&nbsp; If submitted nowadays, I bet it would garner a Gennie.</p><p><br /></p><p>When I saw the auction, a couple of hours before it ended, something on the reverse caught my eye, I wasn&#039;t sure but it looked... intriguing. With the coin in front of me, I could see this:</p><p><br /></p><p><img src="http://i162.photobucket.com/albums/t277/cks2007/Trade%20Dollars/TradeDollar1878-sDDRrevmottodetail.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://i162.photobucket.com/albums/t277/cks2007/Trade%20Dollars/TradeDollar1878-sDDRrevdetail.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>It&#039;s a DDR, FS-801, described as &quot;very difficult to find in AU and above,&quot;&nbsp; &quot;Rare&quot; by Bowers, and Breen also.&nbsp; Trade Dollar expert &quot;keoj&quot; on the CU forum wrote an article about this variety for the Gobrecht Journal, he says that the die was impressed by 2 different hubs, first the 2M hub, use for the 1877-s &#039;broken hub&#039; variety, and second by the 11-L hub. There appears to be a die break adjacent to the right wing of the eagle.[/QUOTE]</p><p><br /></p>

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