Yes. Cash coins basically ceased when the Empire fell in 1911, though with a nominal face value of 1/10th of a cent, they had long ceased being the mainstay of the economy.
They are still reproduced today for ceremonial purposes, for use in good luck charms and "hell money", though ones like yours are machine made, rather than by the traditional, labour-intensive method of sand casting.
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