Yes. It is listed in Cunningham's Michigan Trade Tokens book as being from Detroit, but he has no further information on when and who H & D were. Tokencatalog.com has photos of both 5¢ and 25¢ denominations.
John in the Great 208
Krovas--Since that denomination is not shown on tokencatalog, please post it there. Or I could if you'd authorize me to and you can get good pics of both sides and the diameter.
John
And if so, why the odd spacing of the letters?
I'm not a token guy, but I do wonder if other tokens use this "H&D" scheme.
If that's what it really means, you would think it would be on a lot of other tokens.
Adjuril--the H & D are almost certainly the initials of the last names of the proprietors. The spacing is uneven/odd because the die was made "by hand". Many of the token die-cutters had a pretty good eye, but a lot didn't.
John