Martin 4.40-Gc.18, W-12880 variety.
A fantastic, reflective, super sharp, medium brown example of a special coin which first appeared in the modern market in Stack’s March 1975 sale of the Dr. David L. Spence Collection, where it was described as follows:
“. . . a superb coin that is undoubtedly a proof. This might even be a pattern as we note a feature that we don’t recall having seen on any other specimen of Woods coinage: A belt of beads at the waist of the reverse figure . . . Every detail is needle-sharp . . . Full proof surfaces”.
And we concur, as does PCGS.
Ex Stack’s-Bowers 2022 sale of the Sydney F. Martin Collection, lot #1108; earlier Lawrence R. Stack Collection by private treaty; ex Stack’s March, 1975 sale of the Spence Collection, as noted, lot #709.
HOLD
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