.... and it is being sold by an APhi!
http://cgi.ebay.com/ws/eBayISAPI.dll...782170300&rd=1
In the Q&A section she says she has researched the pin but couldn't find its significance -
Questions from other buyers for this listing
Q: Are there any marks or engraving on the reverse? Thanks. Answered on Feb-12-05
A: Hi! There are no markings or engravings on the back! Thanks for asking and let me know if I can answer anything else for you! Katie
Q: It seems to me that this pin could have been lost by an alumna helping out for initiation or an event. Or, it could be a valuable piece to the chapter that simply was misplaced. Can you address these concerns before I bid? Thank you. Answered on Feb-11-05
A: Hi! As a dedicated and loving member of Alpha Phi International, the Alumni, and the chapters I have done over two years of research trying to find who it belongs to. I have told internationals, contacted all Alpha Phi chapter presidents and advisors, and still have not found an owner or anyone that knows about this pin! My grandmother and mother were Alpha Phi's and I have even had them spread it around their alumni groups, etc. My main purpose of selling the pin is not really a money issue at all. I have put a lot of effort into finding the owner or chapter significance and would not just sell it with out doing any of that as I know how valuable my pin is to me and would hate to have someone lose theirs. I hope that this answered all of your questions and I thank you for asking! I hope that I have answered all of your questions but if not please feel free to e-mail me! Katie Also there is no date or initials on the back of this pin which has been another dead end for me!