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1853 Gold Arms of Calif. Wreath #5 Octagonal 9.4 mm Token

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I had this Token in my collection for years but never thought it was a genuine item. It belonged to my Dad who gave it to me in the 1960's. Finally sent to NGC for certification. Token came back graded MS 65PL. Can't find much info about the history or value of the Gold Token. I have seen some past auction prices. Any help would be appreciated. Again it is a, 1853 Gold Arms of Calif. Token Octagonal 9.4 mm Token. Token is in transit from NGC to me at this time. Thanks.....  

Edited by CoinCreek
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I don't collect these but based on the realized auction prices I've seen, I'd say around $250-$300. I'd imagine these are heavily tie to spot price as well.

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