I's a Japanese 5 Sen - Meiji, minted between years 22 - 30 (1889 - 1897)... (but I don't know the year of your coin) I am not experienced enough to express an opinion on grade. I'll leave that to the experts.
Thank you for all the replies. It only cost me a couple of pence as I brought it in a job lot of coins from a market stall. I am really pleased to have such a cool looking coin, I also got a few more Japanese coins. I will post some more pictures soon
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