David Hall:
A mere 2,004 1935-S with the "small 1934" Boones were minted and distributed. Though the subject of controversy at the time of issue (see the narrative for the 1935-D small 1934, coin #9263), the fact is that this is one of the lowest mintage silver commemoratives and indeed one of the lowest mintage regular strike United States coins of the 20th century. Virtually the entire mintage was saved at the time of issue and this coin is fairly easy to find in MS64 thru MS 66 condition. The 1935-S small 1934 is rarer than the 1935-D small 1934 in MS65 and MS66 condition, and in MS67 condition, the 1935-S small 1934 is rare. Most examples have semi-frosty satin like surfaces and they usually have good eye appeal.