Hi Teq, Thanks for the welcome. IMO, the confusion was caused by Peck et al when they called a reverse with beads a "toothed" border, which it clearly is not. Again, I totally agree that the die on the PCGS coin is different from Reverse 1. However, I cannot speak to relative rarity because I am not as well-versed as you on the known populations. If there is general agreement to differentiate between the dies, PCGS is certainly willing to go along with any scheme that eliminates the confusion we have here. It could be as simple as enumerating the die combination (for example, Obv A/Rev 1 or Obv C/Rev 2)...a similar scheme is used on the 1916 20 Hellers of German East Africa (Tanzania). By the way, the examples posted by you and Bob C. appear to be the result of a lapped die, which would explain why the beads are so tiny and why the rocks to the left of the lighthouse are so faint. Is the crack that connects the 6th bead (using your numbers) to Britannia's shield diagnostic for the die? Hello CoinKing, I appreciate your willingness to discuss these matters but, IMHO if PCGS fails to differentiate between broadly accepted varieties (Peck, Freeman, Gouby etc.) and varieties only recognized by PCGS, then the PCGS designation is somewhat de-valued. I realize that this approach has its limits due to the limits of the accepted reference materials, but it seems to me that collectors will be very reluctant to depend on the designations of a slabbing company if they do not have a clear understanding of what those designations mean. Just my opinion, Muygrandeoso