One of the finest known examples of this ‘drunken die cutter’ variety, with a cool-looking off kilter horse oddly placed on the obverse.  Considered to be Rarity-4.

Called "AU" and "with traces of faded mint color and luster in the letters of ‘NOV’ on the obverse, which actually suggest an even higher grade than awarded this piece." by Stack’s Ford cataloger Michael Hodder (and with which NGC apparently agreed).

We’d call it a slider unc., with intricate die polishing lines visible in the reverse fields, and would say that anything better (if it exists) would either cost a King’s ransom, or would never be available at all.

Ex Stack’s October 2003 sale of the John J. Ford Jr. Collection, lot #105, (raw, of course) at $23,000; earlier F.C.C. Boyd; earlier Hillyer Ryder; earlier S.H. & H. Chapman’s April 1904 sale of the John G. Mills Collection, lot #402.

SOLD

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