To the best of my understanding and a quick google search, There was in fact a 3/4 cent straits settlement coin in 1932. they are listed on ngccoin.com as well, Although he may think this coin is a fake for whatever reason,i cant speak to that because i know little to nothing about this type of coinage,I will however say that this coin is an actual coin used an has a good chance of being legit depending on where it came from/how it was obtained!! Either way,Cool Coin and thanks for sharing!!
HH John