I would agree with that, the 2nd most common of the 12 generally acknowledged 1874 varieties. Looks around GVF, retail price £30-£35 perhaps less as mid-grade bun pennies are hardly flying off the shelves at present. The 1d boys seem to go for GEF + unless its one of those "RARE" blank discs...open 3 type thingies . I won't split hairs on the grade but it is a very nice GVF maybe approaching NEF. If MP sold it he would grade GEF. Close, I would have guessed 'Practically UNC'Wrong terminology ... He uses virtually uncirculated ... Spink say the coin is worth £1000