It is some sort of masonic token, punched on a US cent no doubt. Bot the square and compasses with a "G" and the trowel on the other side are freemason symbols.
It is most definitely a Masonic Pressed Cent. I have several different ones similar to that in my collection but I'm not quite sure what pages they are on in my collection posted in my signature. I'll see if I can find them. Here are a few examples I was able to find. (The second one is not Masonic. It is from the Shriners)
@tays, first welcome to CCF. Some counterstamps can add to a coin's value. For example, to a collector of Freemasonry, you could expect to get more than $0.01 for this piece. A search of realized prices on the 'bay would give you a better idea.
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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