PCGS authenticated and graded AU 50. Frosty light brown and light olive with shallow traces of old oxidation atop the reverse. Otherwise attractive surfaces and toning with some luster remaining. Distinct die clash marks are seen around the dial, and there is a thin flaw at F in FUGIO. Excellent eye appeal and amongst the finest known of this variety, likely the finest, the only one graded AU. Obverse Cross After Date, No Cinquefoils, Pointed Rays. 

Ex; Ted L. Craige Collection Stacks 1/2013:11560 - Sydney F. Martin Collection

Year - 1787

Variety - Newman 1-L

Rarity - 5