The majority of the mintage of this issue circulated freely in the western states, although federal coins were nowhere to be seen in commerce in the east. As a result, pieces are available in lower grades, but get scarce in high grades. In AU-58, such as the present piece, these coins represent an excellent and affordable opportunity to acquire this issue at the fraction of the cost of a true Mint State piece. Mint state pieces often lack originality, as many have been dipped in search of an higher grade by the grading companies.

The present coin has the crusty look that has gained in popularity over the last few years. This is an indication of the originality of said piece, which is also indicated by the absence of any hairlines. The coin is boldly struck, with only the slightest wear on the highest points that account for the grade. The fields are clean, with no distracting hits noted on either side. This is a wonderful coin and a rare opportunity to acquire such a piece.