The coin/token's front shows a (yankee) civil war soldier and sailor shaking hands... and I can see the final part of the word "SAILORS" on its other side. So, I think it is a commemorative coin/token for a yankee civil war "Soldiers And Sailors" monument/memorial. Click on the link below for an example of such a memorial. https://en.wikipedia.org/wiki/Soldiers'_and_Sailors'_Monument_(Manhattan)
Various states and cities have them. You might find a match-up for your coin/token by google-searching for civil war Soldiers And Sailors monuments/memorials.