I've seen this "T" mark on many other replicas, dating back to the 1960's. I suspect that the "T" may be a maker's mark. Note that these coin/token copies were produced prior to the Hobby Protection Act of 1973 which required copies to be labeled as such.
Here's a COPY of an 1834 Hard Times token. Note the erroneous "1824" date and the "T" mark.

Most of the copies from this era have crude, pitted surfaces that deceptively give them an aged look. They were typically sold as novelty items at tourist attractions. The centennial years of the Civil War, 1961-65, sparked increased national interest in U.S. history.
BTW ....

to the CCF!
Edited by ExoGuy
01/26/2021 8:20 pm