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1786 Nova Constellatio - Struck over an undertype?

This recently discovered 1786 Nova is the sharpest I've seen in the 40 years hunting these down. There seems to be hints of lettering above the wreath, and then in and around the word Nova, as well as near the tops of the rays and other areas. Would anyone have any idea what this was struck over?....Perhaps a British coin or token that circulated in the same area around that time?
It's currently in the ANA auction, with only a couple of hours to go.

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