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Message:: [QUOTE="johnmilton, post: 8496464, member: 101855"]This piece is not that tough in high grade. When I was a dealer, I had one in PCGS MS-63 or better, brown (I don't remember if it was 63 or 64). I paid just over a thousand for it, and found out that was too much. I finally sold it for what I had in it. The purists don't view this as a "colonial coin" or a piece that was used that much in the U.S. during the 18th or early 19th century. They call it a "Conder token" that is really more a part of the British series. These are some of the arguments I heard from some of the people who had influence over what gets into the Red Book listings. As for your piece, I think that you will get at least and EF, maybe a low end AU. The only thing that concerns me is the pit below the motto on the reverse. I think it will go through with that, but I'm not sure.[/QUOTE]