Warwickshire 9, also BHM #444, which refers to a political meeting at Warwick in 1797. Quite a few Conder tokens utilize this hangman motif.

Background on the meeting and the subsequent token/medal was taken from
The Token Coinage of Warwickshire by Davis.
"0: Three men in a cart, drawn by an ass, under a gallows, on which is a demon; one of the men in the cart addressing a crowd of people, "Wrong Heads," armed with bludgeons, axes, &c. On the other side a number of people unarmed, "Right Heads," above "Greatheads." Ex., "Meeting At Warwick, May 31. 1797."
R: "As If From Temple Bar Some Head Was Cut, And On Rebelling Trunk The Face Was Put." Very rare. (Plates E. No. 5 and M. No. 3.)
The central figure in the cart is intended for Dr. Parr, and the figure on left (addressing the people), the Rev. J. H. Williams, Vicar of Wellesbourne; and the third the High Sheriff.
The meeting was held on the Race Course. The object of its promoters was to petition the King to dismiss his Ministers. The wagons from which the speakers addressed the audience were chalked "No Pitt."
The High Sheriff opened the proceedings with much warmth. Bertie Greatheed "pronounced a violent phillipic against Ministers, and state of Parliamentary representation, and proposed the Petition to the King."
This was read by the Rev. Mr. Williams. A challenge by the opponents to put the question "Whether or not the petition was desired by the majority present," was ignored by the Chairman, whereupon the audience divided, the opposing forces being led by the Marquis of Hertford. After a vigorous speech by Sir Francis Burdett in favour of the petition, and a fruitless attempt to speak by Dr. Parr, the Sheriff declared the petition adopted, and closed the meeting.
"A medal is this day published, representing the Right Heads, Wrong Heads, and the Great Heads, as exhibited at the Meeting at Warwick, on May 31, and may be had struck in Silver, Copper and Tin, at No. 20, Gt. Charles St."—Aria's Gazette, June 19, 1797.
Bertie Bertie Greatheed "was a Whig of the old school of Grey and Fox, and, with them, an ardent admirer of the French Revolution in its earlier stages. These political opinions were shared by the Rev. Edwd. Willes, of Newbold Comyn; the Rev. J. H. Williams, of Wellesbourne; and Dr. Saml. Parr, of Hatton."
"At the period of the Birmingham riots in 1791, Parr stood eminent as a butt for the shafts of faction to aim at. His parsonage house at Hatton being threatened by the Birmingham incendiaries, in consequence of his intimacy with Dr. Priestly, his books were removed into a place of safety."—Colvile's Worthies of Warwickshire."