For those who don't know here are the 3 errors explained. There is only one stem on the reverse, which is on the right side. There's no stem on the left side of the wreath. The second error is that the fraction says 1/000 instead of 1/100. It should say 1/100 because it's a cent, but a mistake was made when the die was being prepared. The third error is that instead of "United" it appears to say "IInited" This is because the U was originally punched into the die upside down, but a second U was punched into the die the right way. This was supposed to fix the error, but instead it gives an appearance of two i's. There are other 1801 cents and even 1802 and 1803 cents with the 1/000 fraction, however, this is the only variety with the funky U which was punched twice (first upside down) and the missing stem. Due to a lack of money and resources, when a mistake was made during die preparation the dies were often still used.

Samthecoinman it has damage on the obverse but very light. This is one of my all time favorite coins!

RyanG Yeah I see what you mean. But I still think it's a decent coin compared to the average coin from that time. The mint really messed up on this one though! 3 errors on one coin.

RyanG I was only thinking it might because I often see early copper like this in straight grade holders. This is an ag3.

Samthecoinman IMHO, Lower grades are given more leeway by the TPG's for damage (grades 1-4) but once you get over VG, you won't see as many damaged coins that get graded. I've had plenty of AG's and Goods with damage and corrosion that still received a grade. As far as graded early copper in general, its the most subjective of all the series. Many times, planchets were damaged/corroded before they were minted!