Cameo vs Ultra Cameo will not be a concern in this particular case.

ColonialCoinUnion

Surprisingly, this was considered to have gone 'cheap'.

sadysta1

wow, is it rare?????

kieferscoins

Thats a big crater on the obverse.

Cameron Kiefer

MrEureka

Cool!

kieferscoins

I'll bite....Please tell us about it.

Cameron Kiefer

ColonialCoinUnion

There are about a half dozen known of this variety (1788 M.7-K) and they range in grade from 'you have got to be kidding me' to 'thats ridiculous'.

The finest known is a fine, and this one is actually perfectly serviceable for the variety.

kieferscoins

What distinguishes it from other varieties?

Cameron Kiefer

ColonialCoinUnion

I won't go into immense detail on the Connecticut variety nomenclature or classification system because its a bit overly complex for my tastes and I am not an expert in this area. Perhaps someone who knows more can elaborate -

I can say that obverse '7' (rare to begin with) is least often found with the 'K' reverse. In this combination, both obverse and reverse dies were, apparently, on their last legs - so one could conclude very few were struck before the dies failed.

michael

superb middle condition census to boot

kieferscoins

I bet that ebay seller was suprised. He sure didn't say it was a rare type.

Cameron Kiefer