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. Presented here is a stunning example featuring Hall of Famer Buck Ewing, recently graded NM 7 by PSA. Though some mild foxing and wear are apparent, particularly near the top of the pin, the image and text are clear and crisp, with very little wear visible. The reverse boasts a clean Cameo Pepsin advertisement, with a few touches of patina visible on the pin and collet. The highest-grade example from this set that we have ever handled, this is the highest-grade Ewing assessed by PSA, and one of just 6 pins to grade this high in total, with but one example graded higher. Simply extraordinary.