Coin-Like Charm Item Number: Edz4248 from the MOA: University of British Columbia
Round, square hole in centre, inner and outer rims on both sides, four Chinese characters on obverse, four Chinese characters on reverse.
Design similar to a coin, but not for circulation (Larson, David). Probably used in gift exchange or display for shop-owners and merchants on festive occasions in the Qing period (Li, Min).