At first I thought this might be hammered money with the hole obscuring the date, upon closer examination there does not appear to be a date nor a monarch...which leads me to believe it is a Church Token... Catholic due to icon on side of a cross on circular design (catholic predominate religion in region),
French origin Fleur de Lis and Crown pattern.
Has any member encountered such a article? Or maybe you are more familiar with reading Gothic Letters and can read this disc?
Thin (hammered) brass about 25.5 mm, jpegs attached.

