What The Experts Say...

HT 413, Low 149.
There is no evidence of what the initials F.A. on the reverse stand for. There are a number of auction records of this number, several being duplicate offerings. We note one specimen as holed and plugged and another with an attempted puncture. No high grade example is known of this extremely rare token. About ten specimens are thought to exist.

(Stacks, the John J. Ford Collection, Part IV, June 23rd, 2004)