OK, now that I see the N in Regina clearly (as well as the DEI)and consulting with Rob's book on the 1890/1892 mintages, I'll change my opinion to a 4, even though the initial thumbnail photos made the neck truncation/bead junction look like a 2. I consulted the 1892 master and he, too, thinks it a 4, but also said that "with the caveat that pictures can fool you".