David Hall: With an original mintage of only 2105 coins, the 1939-S Arkansas is obviously a rare coin despite the fact that nearly the entire mintage survives to this day. Most survivors grade MS63 to MS66 and have the typical subdued grey frosty "Arkansas" luster. Circulated examples are virtually unknown Superb Gem MS66 specimens are scarce. The 1939-S is the most easily obtainable of the three 1939 Arkansas issues.
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