Exceedingly scarce pin from the 1896-97 Whitehead & Hoag set, commonly known as "Cameo Pepsin" due to the advertisement sometimes present on the reverse of the pins (though the pins are often found with or without Cameo Pepsin advertising). The first large set of pins to feature baseball players, more than 140 subjects are known and more are added to the checklist as they are discovered. Typically subject to image fading and other condition flaws due to age, the pins are quite condition sensitive today. 

Pictured here with Indianapolis of the Western League, outfielder/first baseman Frank Motz boasts a high grade relative to the issue, the VG-EX assessment speaking to light surface wear and a strong Cameo Pepsin ad on the reverse.  The image, however, is quite faded, despite the lack of wear.  Regardless, a very scarce pin from a very difficult issue.