Good four obverse with nice date and LIBERTY and complete head outline with background corrosion. Reverse is AG3 and harder to read. The S-78 is one of three varieties that have the Compact, or numbers closer together. The other two are S-79 (R-7) and NC-2 which can be distinguished from the S-78 is the ONE CENT on the reverse being further apart on this R-1 coin and the ONE CENT being closer on the rare R-1 and NC-2 (Non-collectible, quite rare).