Known as the "Union Jack" ball because of the modelling of the ball's surface after the national flag of the United Kingdom, this ball was made by the Henley Telegraph Works Company, Limited. According to the February 22, 1895 issue of Golf (p. 406), "the gutta of which the ball is made is of the finest; but the ball is different from other balls on the market, inasmuch as the nicking is entirely on novel lines.  It is grooved in a series of rings, divided into compartments and curiously interwoven with the happiest effect to the eye, as well as utility in scoring the longest flight.... The name "Henley" is printed on two sides of the ball, and this, together with its novelty above described, prevents a player from taking refuge in the well-worn excuse attached to playing the wrong ball—namely, that he did not know the one from the other, owing to their similarity of nicking, though coming from the factory of different makers."

This particular Union Jack ball appears to be unused.  There are a few minor chips in the paint, acquired during the past 124 years of its existence.  Truly a beautiful ball, and one of the most desirable and rare gutty balls there is.  It makes a great companion ball to Dunn's Stars and Stripes ball. 

I have included an image of the cover of Kevin McGimpsey's "The Story of the Golf Ball."  Notice the beautiful Henley.  To create his cover shot, McGimpsey went for the most interesting and valuable balls in existence.