Thank you Doug! I spent a while looking at pictures online of the 33 cars, especially 1247 models and found pictures of this emblem as the horn button on a couple Convertible Sedans and one Roadster, but I have not been able to find one as a key cover.
From there I searched the 32 and 34 models to see if it was used as a horn button and have so far come up empty. If anyone has more information as to which years and series may have used this emblem please let me know. I am going to forward what I found to Mike Shears’s website and have it added to his PA emblem list.
Thank you again, I appreciate your input!