Owner Comments:
1895 is an underrated date in the Dinero series. It rarely surfaces in any grade, and in mint state it may be considered as rare as the more recognized 1872 and 1894. There is one MS 65 graded. Besides that, the only higher grade coins I have seen are my own, an ANACS 58, an AU/UNC in the Whittier sale, and a raw AU/UNC. Of course, there could be more 1895's hiding in Peru collections. 1895's sometimes come with adjustment marks.
Flatt reports a regular date, one with plain assayers' initials and one with notches in the base of the initials. I have only seen one example without notches in hand, but my associate reports he has three such coins. Flatt also notes an 1895/3 but did not own one himself. Krause also lists the 1895/3. I have not seen this overdate personally, however my associate owns two raw overdates in low-end AU (both these coins are no notches). The price for MS 60 in the catalog is low. There is no reason for a 15 dollar price drop for the 1895/3, ignore.
This coin is one of only two straight-graded 1895's at NGC/PCGS. The other is a Gem. There is also an ANACS AU 58 and an AU Details at NGC. My coin is graded by NGC as AU 58, but in reality it is fully mint state. No break in the luster is seen. They likely downgraded for the heavy adjustment marks found at 12 o' clock on the obverse and 6 o' clock on the reverse. Or they got confused by the slight weakness in strike. Fields are clean and lovely original tone coats both sides. Many letters are re-punched including the assayers TF/TF. My grade is MS 63.