I was on a road trip and stopped in an antique store. There sat a box of misc tokens with a few chips. Had to have a look see. I saw the Horsehead and was sure it was not a UFC so I pulled out all three. Those with the Horseheard on both sides. But interestingly enough there were also three with the same Horsehead design but with PAN on the backside. So when I got home I did look them up. Horseshoe Club, Sonora, Ca. Listed was the Brown having the Horsehead on both sides. But the PAN which is more a Chocolate color was not listed.

A new find ? Please let me know your thoughts.