1cent size? If so, is called Civil War Token". These were produced usually by merchants because pennies were in short supply. Some had patriotic sayings, others were "good fors", exchange for goods.
IIRC, Cali gold was mostly made in the 1850s, before the shipments of halves, quarters etc started coming in. At any rate, assume it's a replica or fantasy until proven otherwise!
It is most likely to be a California Gold replica and is probably not gold. However, make sure about the metallic content because, I believe, there were some restrikes/replicas actually made of gold.
Here's my similar replica (not gold):
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
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