This is a Japanese Pachinko token. It says ゴールド, which means "gold".
Pachinko is Japan's form of gambling. In big cities you will find Pachinko casinos once every few blocks. Based on my experience (and since I'm underaged and can't go inside), they are extremely loud, air conditioned, and don't use tokens like these anymore; they use 1 en or 5 en coins now. You will occasionally find Pachinko casinos in small cities and towns. I think every city must have at least one.
Kenny
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