I purchased this coin I believe in 1989 from a dealer in Fair Oaks, CA. It looked really special to me, different from other business strikes I've seen. I was doing Kointains at the time (we all go through the various holder phases) and it has resided in that same Kointain ever since. I've always thought it was a Satin Finish Proof, of which a few were struck in 1950 and possibly later years, but never looked it over really well. I finally got it out and although I refuse to remove it from the Kointain it seems to image OK through the plastic. Now, the edges of the coin have the semi-polished look of a Proof strike, but the rims are not fully struck-up and square. Is it a Proof? Some sort of test or presentation strike? It's clearly an early strike from a new set of dies, and all features are fully struck-up and have a semi-cameo appearance. I'm curious what folks think this thing might be...



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