This is a 1804 DRAPED BUST LARGE CENT, PRIVATE RESTRIKE, PCGS MS-64 BN, PRETTY COLOR & PQ!. These popular and interesting restrikes were made from an obverse originally used for the 1803 S-261 large cent. The 3 was changed to a 4 in the die. The reverse is from the die for 1820 N-12. These pieces were probably struck in the early 1860s. Both dies are heavily rusted, and the obverse has arc cracks at the left, with a branch to Liberty’s nose. Some evidence of lapping is noted on the obverse.
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