This design employs the obverse die without star on Liberty's coronet with a simple laurel wreath with "V" for the denomination and a small Maltese cross at the top.
This design, struck only in copper, is extremely rare with supposedly only 2 known as follows:
1) Woodin, Newcomer (see note below),Col Green, Wade, Stacks 71 ANA, Bass-HWBRF, B/M 5/99, Wilcox - PCGS64BN
2) Lohr, Kosoff 1/68 FPL, Kagin 1/75, Ivy 8/80 ANA, Kagin 8/85 - PCGS65RB, illustrated above?
It is possible that #2s pedigree represents 2 coins as the Kagin image does not plate match to the imaged coin.
Note: I believe Adams & Woodin intended this pattern to be AW683. Judd/Breen applied this Adams & Woodin number to J635/P707 in error instead. I am basing this on the price for one of these in the Newcomer appraisal at $40 when die trials were only valued at a few dollars and this is the only 5 cent pattern of this year struck only in copper without an AW number.
A similar design whose only difference is the addition of a star on Liberty's coronet is J633/P704-5.
An incomplete reverse die trial JA1868-2/P3344 is also known.
Photo courtesy of PCGS.