A beautifully preserved Gem example of this short-lived type, struck during the two-year “Arrows” modification of 1873-1874. Brilliant satiny luster radiates across sharply impressed surfaces that show remarkably few distractions, even for the lofty MS66 grade. The strike is especially crisp throughout Liberty’s figure and the reverse wreath, while delicate champagne and pale silver highlights add to the coin’s exceptional eye appeal.