Boldly lustrous light olive brown is highlighted by considerable faded mint red remaining through the fields on both sides, though it remains a bit more vivid on the obverse. An even strike has brought up good central details and complete centers to nearly all the stars, though the dies have begun to wear. The resulting flowlines have somewhat weakened the dentils and legends. One tiny flaw on the jawline is noted, appearing as made.Several prominent breaks are clearly seen on the reverse rim, over ST, TAT, ES and F A. These are given here as separate breaks as they developed one at a time and there is clear indication of where each one begins and ends. This is Grellmans State-g, a relatively late state, though the reverse rim continues to fail and two additional states are described by him. Nearly all of the nine states described by Grellman are rare, suggesting that the breaks happened in relatively rapid succession, which likely contributed to the overall scarcity of the variety. He calls this state "extremely rare."The PCGS data includes all varieties of 1850, but for the variety, this example is certainly one of the very best. It is tied with one other coin (of a different die state) for the CC#1 position in the Noyes Census, and Grellman ranked it as CC#1 as well.