When one ventures into the realm of very scarce old American coinage one of the first cautionary thoughts that comes to mind is how China is especially fond of counterfeiting exactly this sort of much sought after coins. I’m not saying your coin isn’t genuine, but I would definitely get a professional examination done before declaring it so, most especially so considering where you happened to acquire it.

I have no a clue specifically, Tom, but from what I see showing up for sale on ebay and above all etsy these days I would have that examined by an expert as to its authenticity.

Asking questions like yours is one of the things that we do here. On the other hand, to have your coins evaluated and sold will require you to first look your coins up in a reference book(s) and then take them to a reputable dealer.

I wouldn’t be at all surprised if this coin dramatically shoots up in value just as you predict by the time the gavel comes down on it, Dazed and Coinfused.
As for what Marvelous Machinating Mike can make of this situation while the sun is still eclipsed, since he likely has no possibility of getting ahold of any authentic coins of that nature I’m guessing we might instead see a special on exceedingly scarce limited edition almost sold out off-center beaded seashell coinage from New Caledonia on his show.

If history holds, good ol caffeine mike will discover a hoard of these errors under a file cabinet drawer.

I don’t know much about values, but I’d predict this coin sells for $120,000

I think the currently posted bid of $2350 for this rather unusual and very interesting eighty year old minting error will be far exceeded by the time this auction is over.

Coinman,
It is my belief that there are two distinct and completely separate types of American capitalism. The first variety is offered to us by people who stand by the product they make and sell if to the consumer for the fairest reasonably possible price. The other option is inflicted upon us by those who have no concerns about the poor quality of their product and no qualms about charging outrageous prices for their inferior goods. Not much thought is required to ascertain within which of these categories Motormouth Mike Mezack resides.