I believe this is an Israeli phone token. Not to be used as currency, but in pay phones. Or some other public phone service deal. The Hebrew letters from right to left over the 0,9,8,7 spells Israel. https://en.wikipedia.org/wiki/Telephone_token
Got it! https://en.numista.com/catalogue/pieces16923.html Israeli Payphone token. (I recognised the script as Hebrew and Google did the rest.) (PS: Darn it! @Michael K beat me to it by less than a minute!)
I knew that as soon as I saw it. It never occurred to me that the younger generations may never have used one!
Most pay telephones have slots at the top for various denominations. For example, pay telephones in the U.S. typically have slots for quarters, dimes and nickels. The charge for "local" calls was a flat rate with no time limit. When I was a kid, it was 5c, but I recall seeing some pay phones of the 1990's that charged as much as 75c for local calls. The charge for "long distance" calls varied according to the length of time. First, you started by depositing a basic amount for the area code you dialed and, an operator would interrupt the call if you needed to add more money. As the term "rotary" suggests, you turn the dial. You put your finger into each hole for the appropriate number and turn the dial clockwise until your finger stops at the dial restrictor to the right of the "0". If you make a mistake before completing the dialing for the correct telephone number, you must hang up and start all over again. NOTE: This information is really intended for the kids in the audience. ~ Chris
