Estimated grade. Sold by B. Max Mehl Jun '41 price realized $15
David Akers (1975/88): With a mintage of only 1,330 poeces, the 1871 has one of the lowest mintages in the entire series. It is also one of the rarest in terms of pieces available. However, most of the known specimens are relatively high grade. I have seen a small number of choice uncirculated examples of this date, with possibly the finest being the gem that appeared in the Marks Sale in November, 1972. All of the choice specimens that I have seen of this date were fully proof-like and could easily be mistaken by some for proofs. However, the position of the date is markedly different on proofs than it is on uncs. The date on the proofs is higher in the field and is nearly centered between DOLLARS and the bow, while on the business strikes, it is very low with the 7 nearly touching the ribbon.