It's a tricky one, but I'll do my best.
The side which we'll somewhat arbitrarily label the "obverse", with the female figure, clearly isn't depicting anything from the story of Adam and Eve; a hand reaching out from a cloud is traditionally symbolic of a god, not of Satan.
As for the identity of the figure, my best guess is
Nyx, goddess of the night, who is usually depicted with a billowing veil over her head like that. If so, then the cloud-with-an-arm is likely to be her husband, Chaos.
The bizarre markings on the other side appear to be an attempt by someone who can't read Arabic to redraw a typical modern Arabic coin, like
this Egyptian one. The three symbols in the middle look almost like archaic Hebrew lettering.
So, what is it? No idea. Some kind of "magic charm", I suppose. It doesn't look older than late 1800's, and more likely from the mid-20th century.
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