Conservatively graded at VF 35, the reverse is a full 10 points better. Walter Breen guessed at the mintage of 16,000 but in reality it was not recorded at the mint and is thought to be part of 1850-O. Whatever the mintage was, it has long been recognized as a major rarity. This coin survived in an old envelope from the 60s, inside a briefcase inside a safe Included is the envelope that it sat in for decades