These tokens were issued by the Indianapolis Railroad sometime between the 1930s and 1940s. The metal almost looks like a white gold, but they do have heavy wear. One side features a tower; the other the IR president's signature.
We have turned them into cufflinks - complete with their historical wear and tear. Each pair is slightly different thanks to time and usage. They measure approx 16mm across.
These will be shipped in a jewelry box - appropriate for gift-giving.