A spectacular, near-flawless example of this popular classic commemorative, representing the issue at an elite level of preservation. The obverse displays bold, crisply defined lettering and devices surrounding the finely detailed sailing ship, all set within radiant, original luster. The reverse is equally impressive, with sharp definition to the ceremonial mace and inscriptions, complemented by smooth, satiny fields. Surfaces are exceptionally clean for the grade, with virtually no visible marks even under close inspection. Subtle golden and silver toning enhances the coin’s visual appeal.