Wade
This is a nice ensample of a Breton 994, Charlton LC-54A, and Courteau 25 NL (Non Local).
This series is a well executed ensample of overstriking. Unlike many other overstruck tokens, the restrike obliterated most of the host design. The host token is said to be a worn 'Guppy' coinage.
I believe this series should be graded without consideration of the condition of the remaining host design as scant design of the host token remains. Awkwardness rears its ugly head when dealing with other series such as the Seated Commerce token Charlton NS-18A of which the host token remains the prominent focal point.
In any event, I could grade this token as AU 50, perhaps AU 55.
Nice ensample.
doug



















