It is a French feudal issue. A double denier tournois from the Principality of Orange, date unreadable but should be 1640-43. The portrait is of Frédéric-Henri de Nassau, prince of Orange.
Obverse inscription: FRED.HENR.D.G.PRIN.AV (Fredericus Henricus Dei Gratia Princeps Auraicus) Reverse inscription: DOVBLE.TOVRNOIS.(year)
As for value, hard to tell. There are many varieties for the obverse inscription (could be PRI.AV, PRIN.AVR, etc) and I think yours is unusual. On the other hand, the coin is in rather bad shape, and for a more common inscription variety in this condition, at most a few dollars value. A specialized collector may be willing to pay a premium despite the condition.