Watch List notes:

Great Britain, Gloucestershire. Bristol. 1811. Æ 1 penny token (34 mm, 17.23 g). PATENT SHEATHING NAIL MANUFACTORY, BRISTOL, sailing ship / PAYABLE BY, S. GUPPY; BRISTOL, 1811 around, PENNY TOKEN. Withers 505. An unusual type with crude ship. Red-brown surfaces. Almost uncirculated.

Estimate: $200