Watch List notes:

Great Britain, "new model crown" token in silvered and gilt copper, Victoria (young head), (1848), NGC MS 63, finest and only example in NGC census. KM-X25. Speckled toning over muted luster, choice strike with no marks or wear, curious issue made by Allen & Moore (whose initials appear in exergue on obverse) as a model for proposed bimetallic coinage, the word MODEL carefully included in the design to avoid anti-counterfeiting prosecution. NGC #4739198-009.

Estimate: $125-200