Yes, that is a
Large Toss from The Toycrafter. It came in a wooden box (with the drawing of a plunge top on the side
).
It is 3" in diameter and 4" tall. It is a nice solid top but the tip is undersized (it is the same as the regular size
Toss 'n' Spin). It sold for $55 in 1999!
Here are the pegtops that Toycrafter sold at the time (from a page
archived online):
The yahoo UFT collectors club had a batch of them made. They say UFT on the crown, do no have the little button there, and came in a bag instead of the box.