David Akers (1975/88): The 1854 is the first year of issue for this unusual and unnecessary denomination and actually it is a distinctly different type from subsequent years because the word DOLLARS on the reverse is much smaller (about half the size) than on issues from 1855 to 1889. This is the second most common date in the series from the standpoint of total number of appearances although a number of dates have appeared more often in strictly uncirculated condition. However, choice BU specimens of the 1854 are certainly available with considerable regularity.
Sotheby's 11/1999:74 - Heritage 6/2004:6219, $112,125
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