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1803 Large Cent

Hello Everyone,
You are always so helpful! I have another stumper for you to ponder....

This is an 1803 Small Date, Large Fraction in a PC holder fine details - graffiti.

I believe it to be S-259....

Although granted there are some light scratches, the main “graffiti” is actually raised metal which you can clearly see going underneath both N’s in One Cent.

Dies had to be costly and time consuming to make, so I hesitate labeling this struck from cancelled dies. .... so what other possible explanations are there?

Thank you!


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