1787 New Jersey copper M68-w, W5400, Outlined Shield, R5. Rare R5 variety, with sharp VF20+ details and nice eye appeal. The surfaces are glossy medium chocolate brown with some minor hairlines on the obverse and a small rim dent that is visible only on the reverse. Mike's notes say ex-Mike & Dennis Wierzba 01/05/06; Harry Resciagno; Stacks 06/97 Elmrock, and 134.1gr. Ex-Mike Demling; to me at EAC St. Louis 05/15/22.