A beautiful Gem example of the short-lived “With Rays” subtype, struck only in 1866 and during the early part of 1867. This piece exhibits satiny nickel-white luster with sharp definition throughout both shield and star/ray motifs. The obverse design, with its bold vertical shield and wreath, shows strong strike characteristics, while the reverse displays crisp star detail and fully rendered rays that enhance its visual appeal. The surfaces show just a few very minor ticks, consistent with the grade.