1825 O-108 R3 Capped Bust Half Dollar

PCGS Graded AU55. Ex-Don Frederick. He notes: Old superb toning, AU55. Looks like a nice barn find to me. Heritage notes: The dies are perfect with only faint flowlines drawing the stars and letters to the border. Deep gray-gold surfaces have peripheral steel toning on both sides.
From The Donald R. Frederick Collection of Early U.S. Coinage: Bayside Part II.

Variety Attribution: Obverse-Star 13 close to curl. Stars large,  mostly flat and close to milling.  Date is 8 mm., 82 a shade the closest. 2 has a thick base and a long sharp point to curl. Late state of die shows all stars drawn to edge.

Reverse- 50C is 2 1/4 mm.  Arrow to A nearly touch. M recut at base and higher than A where they join. CA in AMERICA are very close. I is under left side of T.