Any idea what this is? Or what its trying to imitate?

[Generic Lad 25]

This is a strange one, it tests as sterling silver on an XRF gun, on my cheap Chinese scale rings in at 1.5 grams, is basically perfectly round. I do not think this is authentic, but I don't know what its purpose was, seems far too nice to be a cheap fake and doesn't seem to match anything (that I know of) to try to be a deceptive fake and I can't seem to find anything with a few hours of Googling for it to be some sort of fantasy or commemorative coin/token

 

 

 

Any help in trying to narrow this down would be appreciated!

[craigy 362]

some thing like this sold for arounf 400 quid a little while back, looks wrong to me, 

 

[Bernie 188]

Could be foreign.. French ?

[Michael-Roo 777]

Repro, surely?

http://northshorenumismaticsociety.org/short-cross-coinage-england/

 

[Rob 2,996]

It purports to be a Carlisle short cross penny, but is obviously a modern copy as the mint signature is CARL which doesn't exist, the valid readings being CAR, CARD, CARDI or CARDV. Alain or Alein strikes in classes 1b, 1c, 3 & 4b at Carlisle, but exactly which class it is trying to be is impossible to say with so much being wrong. A class 1c is attached to give an idea what it is imitating.

[copper123 1,352]

Looks like a repro henry III penny .

Sort of thing that museums sell as a keepsake