Holed for suspension as is typical for the issue; just two pieces are known without holes. Deep olive-brass surfaces are exceptionally smooth and free of typical corrosion and other detractions normally seen on these tokens. Bust of George III faces right (1820 signified the last year on the throne for King George), TOKEN above, date below, reverse with a central beaver, the supposed value of the token being one beaver pelt, NORTH WEST arcs above, COMPANY curves below. At the Fin-15 level, the present token represents the apex of quality on the PCGS Population Report for the issue. A popular and scarcetoken that has been adopted by U.S. collectors owing to the connection with modern-day Oregon.