I suspect it's a normal coin that was glued on to something; the white stuff is a combination of the glue and whatever surface it was glued on to.
Perhaps it's somebody's "let's glue a coin onto the sidewalk and watch people try to pick it up" prank coin.
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