S.S. Crosby, in his book The Early Coins of America, stated that this coin appears to have been intended as a pattern for a shilling—a private coinage by Richard Dawson of Gloucester (county), Virginia. The only specimens known are struck in brass, although the denomination XII indicates that a silver coinage (one shilling) may have been planned. The building may represent some public building, possibly the courthouse.
Although neither of the two known examples shows the full legends, combining the pieces shows GLOVCESTER COVRTHOVSE VIRGINIA / RIGHAVLT DAWSON. ANNO.DOM. 1714. This recent discovery has provided a new interpretation of the legends, as a Righault family once owned land near the Gloucester courthouse. A similar, but somewhat smaller, piece possibly dated 1715 exists. The condition of this unique piece is too poor for positive attribution.