The same seller has listed a good number of exceptionally rare diecuts - none of which are in great condition. (Alas!) This JOL-headed traffic cop diecut was produced by Dennison and first appeared in their 1930 Price List pamphlet. Issued on the thin yellow-stock paper Dennison used often at the time, this one almost never surfaces. SGV is $325 for one in much better condition. It makes a good companion piece to the Hallo' Inn diecut shown on page 142.
Mark B. Ledenbach's vintage Halloween collectibles blog.