Help ID coin/token

[Joe21]

I found this awhile back in a collection of coins that had some old Canadian penny from the 20s to 45. Never really thought twice about it but I decided to Google it and came up with nothing. I found one similar made by the same company that sold for $27 but it had no info. Is it worth anything?

 

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[Mackaydon]

Welcome to Treasure Net !!
What was the company's name you refer to?
Don.....

 

[Joe21]

Sp&co is what's on the front of the coin. The one I found online was on eBay and had the same name on it but had $1 on it and a blank back side. I tried to if it was a token for southern pacific but couldn't find anything similar.

 

[l.cutler]

Are you sure it isn't a button with the shank broken off?

 

[Mackaydon]

IMO, it's easy to rule out the item being a coin--with a company ID on the reverse. The idea of it being a button is appealing.
Don...........

 

[Joe21]

I suppose anything's possible. I honestly don't know. theres the ebay link.
"S P Co $1" Good for Token Unlisted Unknown RARE Unique | eBay

 

[cudamark]

The E-bay "token" looks like an eyeless button too......

 

[Joe21]

I'd totally agree but the $1 on it makes it seem more like a token.

 

[Iron Patch]

That is definitely a button.