This is a muling of the Kneass obverse from 1838 used on J72/P75 and J73-J74/P77-P78 and the Paquet reverse from 1859 with the "Broken Ribbon" reverse used on J235-J236/P284-P285 and on J245-J246/P303-P304. It is obviously a fantasy restrike made in the late 1860s to mid-1870s. Both dies are extremely rusted and worn.
The original Judd editions 1-7 and Adams and Woodin list this under 1859 because of the reverse die where as Pollock lists it under 1838 due to the use of the obverse die. The pattern was renumbered to 1838 for the 8th edition of Judd.
Examples were struck as follows:
Silver J75A/P80. This used to be J254 in earlier editions. Breen noted 2 are known but I have not been able to confirm this. As no silver example has ever been reported, we doubt their existence.
Copper of J75B/P81. This used to be J255 in earlier editions. Only 2 are confirmed as noted below.
1) Farouk, T.R. Walsh
2) Farouk, Witham-Auction 81, Bass-B/M 5/99 cleaned, Rau-Heritage 4/18 - NGC62BN, now chocolatized, illustrated above.
The earliest occurrence for one of these was lot 1017 in the January 1890 New York Coin & Stamp sale of the R. Coulton Davis collection. This coin is also likely lot 28 of the April 1892 Woodside sale. One of these is ex Woodin-1914 ANS exhibit, Newcomer, Morgenthau 6/32 lot 21.
Photo courtesy of Heritage.