Nelson-12 variety, considered to be Rarity-3.

An interesting and mysterious issue with the large, unexplained, block-letter ‘P’ in the obverse field.

And this is certainly among the finest known of this popular Redbook variety, which may explain why it was selected as the Redbook plate coin. How cool is that?

Pleasing golden brown with crisp detail, well centered (which is not always the case) on an unusually broad planchet (ditto).

Ex Stack’s September, 2004 sale of the John J. Ford, Jr. Collection, Part V, lot #24.

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