Breen estimates the mintage of the light motto variety at about 500,000 coins, medium motto at 28 million, and the heavy motto at 3. 4 million.David Lang writing on the NGC website believes the heavy motto estimate is high, I would agree from the amount I see offered.
I don't understand the USA Coin Book values for the different mottos for the 1934 year and believe them to be unrealistic.
I guarantee this coin is the light motto variety and that you will be happy with it.
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