I don't remember all the particulars, but this is what I think you have. Some years ago, there were some legal issues with the 45-410 barrels. (considered same as sawed off shot guns) Untill it got sorted out, the BATF made TC quit producing the barrels. What TC did produce instead (which the BATF) didnt have a problem with), was a barrel that chambered and fired a round loaded with a shot capsule. The screw in "choke", was more a device to "crack" the capsule, so the shot could escape.
I'm not sure with out lookin at it, but this is what it sounds like to me. The good news is,some day it might have some collector value. Also there are shot capsules available for reloading.
Bad news is, the capsules outa 10" barrel are basically worthless in the field. Except for maybe snakes. And from what I heard, they (capsules) were notorious for not opening. So they ain't reliable for snakes either.
Dave