Here's an update from Randy Berger as posted to the Standard Gauge list:
The black 1132 with the 4-4-0 wheel arrangement is an uncatalogued loco
from 1928. IVES did not receive the new 1134 loco castings in time to start
shipping sets. They painted several cast-iron 1927 1134 locos (the Pres.
Washington) black and labeled them 1132. They had the die-cast tenders and so
was born a rare variation. They do turn up from time to time and always command
a good deal of money. They do not have the engineer figure in the window.