Ok - so this delivered today and I've already smoked a bowl of Frog Morton. For a 16 year old estate pipe, this was in pretty excellent condition with some light bowl char (as described), but the nickel band and bit were in excellent shape (most likely buffed before going up for sale). The grain is very nice running along the shank and curving up to the top of the bowl, consistently through the design. The pipe smoked cool even in a fairly consistent breeze. I am very happy with this purchase.
So now I have 2 Petersons, both Bulldogs and both St. Patrick's Day editions. Will be smoking my 2017 150 on St. Patrick's day (weather permitting).