Hello there, i just think is a token, quite modern .... translation on obverse (side with the emperors face ) simple as EMPEROR and on revers (writing side) Ancient China Ten emperor !!
Another translation is ..on obverse - emperor Wu of Han( literal meaning"The Martial Emperor of Han") and on reverse Ancient China Tong Emperor (Tong beeing it's courtesy name). And the writing is simplified chinese! I do thing can be more of these tokens for all the emperors of China !!!