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Most likely hand-drawn. It's a Tuscan-style letter or initial cap. Only things I found that were vaguely close were these:
The _H_ is handlettered.
It is a Tuscan style letter with "mustache terminals."
Among fonts in this category are Hessian http://www.myfonts.com/fonts/madtype/hessian/ and Lynchburg http://www.myfonts.com/fonts/fontmesa/lynchburg/
You will have to add the special "demi-mustache" crossbar. Suggestion: take an _I_ clip off half the mustache and rotate 90 degrees and use it as the basis for you crossbar. Do some more editing and you are there.