Called "98% bit faded red" on the 1989 Grellman tag that comes with this coin. From the September 2009 M&G / Goldberg sale of the Naftzger late dates where it was lot 984. The provenance on this piece is back 50 years to the 10-21-1959 A. Kossof sale of the Sloss collection where it was Lot 291. That envelope written up with Natzgers green ink had this coin as MS-70 and missattributed as N-16.