Notes:
This variety earned the nickname "Horned Eagle" because of a die chip that connects the top of the eagle's head with the left side of the H of MASSACHUSETTS

Images courtesy of Heritage Numismatic Auctions

Recent appearances:
PCGS EF-45.  Ex - Superior Galleries "The ANA 2001 National Money Show Auction", March 8-9, 2001, Lot 4, unsold, "...dull rim nick at the H in WEALTH and another well right of the date...later die state with the "horn" break from the eagle's head strong and die rusting in the fields."

"Extremely Fine".  Ex - Early American History Auctions, Inc.'s Mail Bid Sale, August 25, 2001, Lot 1393, illustrated, where it was described as follows: "1787 MA Cent, Arrows in Left Talon, Ryder 2-bA, "Horned Eagle" variety, Extremely Fine.  Cleaned long ago, now with orange faux "mint red" mixing with chocolate brown. Light crud around some of the devices, much of which could be removed carefully with a toothpick.  Minor rim bruises at 7:30-8:00 on the obverse and another at 12:00 on the reverse.  A professional cleaning and recoloring will dramatically improve the appearance of this piece."

"Fine or better".  Ex - Early American History Auctions, Inc.'s Mail Bid Sale, August 25, 2001, Lot 1394, illustrated, "148.9 grains...The obverse shows some minor rim dings..."

Sources and/or recommended reading: