Real or fake?

I have this coin that I've had for awhile. The obverse and reverse are both the same, since a picture is worth 1000 words, here's 3.

 

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It is a cast fake. Of what? I have no idea.

 

I wasn't expecting it to be real to be honest, anybody have any idea what it's from?

 

It's not a coin.

 

It's a fantasy piece that uses the Spanish coat of arms (frequently seen on actual coins) as a model.

 

What's it made out of? Maybe it's from a toy or game.
It's not a "fake," if it's not trying to imitate something real. There's no date or anything on it.

 

I'm not sure what it's made out of, in comparison to a walking liberty half dollar, it's barely bigger than it, in both thickness and diameter. it weighs ~17.7 grams