This is KM#1, a 1952 1 Millième coin from Libya. The head on the obverse is Idris I and the Arabic words read "Idris the First" to the left and "King of Libya" to the right. On the reverse, the Arabic words in the centre are "1 Millième 1952" and on both the sides, it simply says "Millième". You can see the exact coin here: http://en.numista.com/catalogue/pieces10227.html
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