Nice token! I have been studying this type of token - I call them "P-38" because the ornament on the lower part of the obverse reminds me of an oncoming P-38 fighter plane. It has a circle with two wings, each having a propeller. Actually, it is just a stock ornament used by the manufacturer of the token that consists of a circle with two sylized fleur-de-lis on either side. At any rate, I theorize that this token was made by a Chicago or Milwaukee maker ca. 1890-1900 because most of the attributed ones have been shown to come from within a few hundred miles of those towns. However, some are known from as far away as Idaho.
Be very cautious cleaning tokens. They (and the collectors of them) are usually more forgiving than for cleaning coins, though. Start with a toothbrush and water. You might progress to boiling it for a bit in Hydrogen Peroxide, then toothbrushing it. Extreme cleaning would be to use the cleaner CLR for a minute.
I can read most of the letters on it - take a magnifying glass to it and see if you can do better than what I see: L. H. MEGAEL. This evening I will do some research on the name from a genealogy standpoint. Attributing these seem to be fairly tough, although the fact that the issuer was a saloon-keeper narrows the field down a bit.
In the token-collecting community, this shape is referred to as "S8" or having 8 sacallops.
John in ID
