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Doesn't look hammered, so, it may not be as old as you think. Cool find though! The eagle looks German to me. Germany made so many different coins through the years, it would take a while to find the exact one. With the cross on one side, it may be a religious piece.
I can't ID it, but I agree it looks more token like.Looks like a 1700s token to me. As said, not easy to find a match.