Here's an odd ball for sure. I can't tell if it double struck or maybe triple struck. I figured it would be something different to try to figure out. Regards, Mike
Look to be at least an off-center struck token. Its hard to say what else with no perception of what your token is really supposed to look like.
It is a canceled pay out token some were punched out with a hole some times with a round hole some times with a shape. Most likely from a one of the fruit gum slot machines. Some company store tokens had shaped punch out in them also.