Well I cannot really make out the monogram but it looks like a minor denomination from Europe, probably 19th century. Could well be a German States coin...
I think I've got it. Brunswick-Luneburg-Calenberg-Hannover, George III (maybe II). Here's an 1814 pfennig that looks like it, but I can't be sure of the exact type or denomination. A diameter and weight would help, too.
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