I'm very struck by the design and calligraphy, maybe circa 1910? Overall however it's fairly crudely executed, making me think that it could be a few years earlier.
Looks like "hDG" to me, pinned to the reverse. My guess is 1890's, a maverick token - until ID'd. Possibly, it was good for a tune, a drink, a cigar - mostly, those things were a nickel back then. Good conversation piece ...
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