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Learn something new everyday as they say. I like the first one with the "tail".
Look at the bottom of the tail. Looks like the tooling was changed or the pic was photoshopped.
They are different emblems. There is a Gold Barracuda out of VA that is a late 64 and it has the shorter emblem. According to them, that was a running change in 64. I like the 64 much better, but that is just me. And if you look at emblems through the years, they changed the tail and size a few times. My picture. 1964 to 1969.
I've owned my 65 Barracuda for almost 50 years but I couldn't tell you whether my Barracuda emblems have short or long tails. I removed the emblems years ago, but still have them and one day will put them back on. Now I'm gonna have to pull them out of the drawer and see which ones I have. Edit: Short tails.
Smaller script is cheaper to make!!!!!
They are not interchangable either . The mounting pins are in different lacations.