In reply to Neil Foster:
The top peg as in the highest (and only, I thought?) peg on the first pitch?
Personally I rather feel we should be phasing out pegs on Cloggy. I don't think it can have been there for a long time after the FFA. A bit of history for those who don't know it - in 1982 a few people were trying to make the third ascent. Kim Carrigan fell off the 'crux' (which incidentally is no harder than the rest of it, really) and Dougie Hall famously jumped off the belay (a scary proposition). Carrigan fell sixty feet or so and wound up brushing the ground (as did DH, I imagine). KC then retired from the fray and DH went up. 'I seemed to see a dotted white line on the rock above me. I knew that if I went above it and fell off I'd hit the ground.', and also retired. The route's reputation grew until 'everyone' did it in July 1983. I saw what I think was the third ascent, by Dave Lee. He stood below the crux for so long we got bored waiting and went down to Halfway House for a lemonade. We sat about, chatted a bit, and strolled back up. He was still there. We watched for a bit longer, got bored again, and went off and climbed. I think Rowland Foster, Jerry (who had just done Master's Wall and freed Pistolero), Uncle Tom Cobley and all did it shortly afterwards, possibly also Graham Hoey of this parish.
Anyway, the point of this digression is that I don't think it can have been there then. Whether it was there in 1977 I don't know.
It is in a drainage streak and will rot again, if that helps.
But of course I clipped it in May 2000, so my opinion is biased. Although by all accounts it was in reality already worthless then.
jcm