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. 

Simply gorgeous image of Cincinnati shortstop Tommy Corcoran with a Whitehead & Hoag reverse, graded VG 3 by PSA for reasons unbeknownst to us.  Crisp, clean image with little wear at the curl, a slight bit of surface wear visible upon close examination, and light toning and soiling on the reverse.  An outstanding example from this very difficult issue.