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CAC Sticker. Ex: Brand, Donald G. Patrick Collections.W-8510. A Choice Uncirculated example of one of the most charming American productions of the 18th century. Softly toned and fully original, with full luster clearly visible on both sides. The obverse shows a subtle mixture of lilac and silver-gray overall. The reverse is similar but lacking the lilac color. Typical striking weakness is detected at the center of the obverse, and on the reverse -- the H of THREE is affected. There are no marks to mention, and both sides are nearly ideally centered, highly unusual for this issue, and the planchet is round and unclipped, unlike many specimens of this rarity that are incomplete at the edge.Our understanding of this issue was revolutionized by Max Spiegel's seminal article in the April 2010 Colonial Newsletter, Issue 142, "The Life and Coins of Standish Barry." Spiegel reveals that the obverse portrait belongs not to Barry, or George Washington as had long been surmised, but Baltimore mayor James Calhoun, a conclusion made possible by the discovery of an 1843 newspaper article and a portrait of the distinctive looking Calhoun himself. Spiegel also discussed the July 4, 1790 date on the coin, making a persuasive case that this date was used to indicate the coin was struck to the standards suggested in Thomas Jefferson's "Plan for Establishing Uniformity in the Coinage, Weights, and Measures of the United States," which was published on July 4, 1790. Spiegel's census found 18 specimens, a number to which maybe another half dozen could be safely added, though probably an equal number are impounded. This classic rarity possesses superb preservation and eye appeal. (PCGS 609)Ex: Brand Collection; Donald G. Patrick Collection; Stack's, John J. Ford Coll.,(5/2004), lot 282, $86,250, envelope included.