This comes under the heading of "Toy Money" or "Doll's House Money". The design puts it at around 1890-1910 and it was probably made in Nuremberg Germany. So, why is it in English? Because Nuremberg had for 400 years made this type of small token. In earlier centuries they were used for accountancy purposes on something similar to a draughtsboard, a game known in America by its old English name of checkers. (This is why in England our highest Treasury officer is the Chancellor of the Exchequer) But more specifically, why in English? Because in both the UK and the USA, the initial full denomination was known as the penny. Great Britain, the big 31 mm bronze coin and in the USA the somewhat smaller cent. Your coin could be used as a teaching aid in America and throughout the British Empire. Good business, no?