It is not a genuine coin, no. Very few cash coins are made of anything other than brass or iron; certainly no Qing Dynasty cash coins are made of gold.
It might be genuine gold, but it isn't a coin.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
The image is that of a cash coin from the Chinese Emperor Mu Tsung minted from 1862-1875 with the title "T'ung-chih", the mint mark is similar to the one from the Board of Revenue mint in Beijing. Those coins were made from brass. The texture of your looks odd though. Either very much polished or a well made copy. Perhaps give weight and diameter. Also wait for 'manymore' to see and comment on this, he knows Chinese coins and medals best.
If you can verify that it is gold of reasonable purity, go ahead and buy it, if only as a bullion round. I notice that the characters show through to the other side somewhat... that seems promising as far as this being real gold.
But, certainly not a coin and worth no numismatic premium.
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