I'm sure pcm has seen this already. For everyone's benefit, excuse the grammar, below is quoted responses from Jerry Adams and Robert Hoge translated from a German coin collecting forum.
See Email a Token capacity find his homepage (and his paintings) on google, jerry adams tokens,
Dear Sigi,
I have been unable to find anything definitive on the coin-token dated 1863 you sent photos of. HOWEVER, from the diework, and the pictorial representations of Both the eagle, and the Indian, my best guess is thatthis piece Does not dateFrom 1863. The eagle, Appears to be more like a US eagle, Rather Than an eagle of Mexico , Uruguay, or any other South or Central American country. The representation of the "Indian" or native American, Appears to me to be a recent artistic representation. Artistic representations of natives in the pre-1900 era and even in the era of 1900 thru 1930s, were more "romantic" or of the "noble savage" as they say here. For Example to take the representation of the Indian on the US "Indian Cents" of 1863-1908, or the US Five Dollar gold coin of the early 1900s. My best guess, is thatthis numismatic item which made Perhaps in the timeframe of 1950 to 1980. It evidently what trying to make a statement about the Entire area of Both North and South America, and the United Cities and countries, and Liberty and justice. The date, 1863, must have had some Particular significance, and to me the date alone, Would Be The Key That might lead someone to find Exactly where and why it what made. I doubt someone just picked a date of 1863 out of thin air. One of my friends who is a numismatic researcher, Believes it has something to do with the defeat of the armies of Maximillian in Mexico
about that time. I am sorry I was not able to find to exact attribution for the piece, as it is a real enigma.
Best wishes,
Jerry Adams
USA
North and from the curator of the ANA with the most comprehensive collections of South American coins and:
Dear Mr. Stenzel:
Thank you for your inquiry. Regrettably, I do not recognize this
item, and I can not give you information relative to it. I believe it
Must be some kind of fantasy item, Perhaps a souvenir or gaming
token. Are you Certain it is made of real gold?
Sincerely yours,
Robert W. Hoge
Curator of North American Coins and Currency
American Numismatic Society
Winner of the "2014 Thogey Award for Long Term Coin Hoarding in the Face of Spousal Skepticism". Awarded by AGgressive Metal, 8-6-2014.