Both images are upside-down.

This is usually considered a Chinese "marriage charm". The inscription (bottom image) reads
zheng de tong bao.
The reverse side (top image) shows a dragon (man) and a phoenix (woman).
You can see a couple of my "old"
zheng de tong bao charms here:
http://primaltrek.com/marriage.html...oenix_charmsYour charm is actually a modern machine-made version of the charm.
Gary