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It appears to be a 5 Gulden Coin Commemorating the 750 Year Anniversary of the founding of Danzig (Gdansk), Poland! I cannot find anything on the coin and don't know whether it was issued by Germany or Poland but the writing is in German. Danzig was annexed by the Germans during the early part of World War II. I am pretty sure that many folks there still speak and write in a German dialect and could be the reason for the Germanic lettering on the coin.
Not a coin, and I don't think it was issued in Poland. Danzig was part of Prussia between 1814 and 1919, then became a Free City - an autonomous status vaguely similar to what Danzig/Gdank had had in the years before the Napoleonic Wars. In 1939 Nazi Germany occupied the city/country of Danzig; in 1945 it became part of Poland.
This medal was obviously inspired by the Danzig Gulden coins issued in the 1920s. The lions with the CoA, and also the Hanse cog (from the oldest seal of the city), appear on several pieces from those years. Back then Danzig coins did have German inscriptions. But a Polish medal from the mid-1970s would not be in German, certainly not in German only. The Danziger Seeschiffer-Vereinigung for example
http://freenet-homepage.de/danziger...chiffer.html is a club in Hamburg, so the piece may be from there ...
Christian