Hopefully you can see some detail in the images below. The obverse has a male bust facing left. The letters around the irregular edge are not clear except for the first one "P" at the left base of the bust. The reverse has a crowned shield with "4" and "8" on either side. Lettering on left edge is not legible, but on the right I can make out "SIGII". The coin is a thicker planchet, unknown metal. Was thinking Eastern Europe - German States, Austria, Hungary,..., but haven't been able to find it.
Thank you. We may be getting closer. Your clue of Sicily led me to Naples, as the two were connected as the Two Sicilies. I found a listing that appears to be similar, though the coin is quite worn, under Naples, Page 16 for 1 Grano - Felipe IV: KM#73 1636-1642.
I feel like we have the right country (Italian States - Naples and Sicily), right ruler (Philip IV), a year (1648), but what is the denomination?
A "grano" must be a "grain" in English, which is a small weight or small subdivision of a currency unit.
Your coin has, as you pointed out, "4 |===| 8" on the reverse, but the one in Numista has a date, so it is slightly different.
Note that the catalogue description says PHILIPPVS. This seems to be inaccurate, though the coin is extremely worn. I think we should read PHILIP(PVS) as on yours.
But again, depending on the weight and size, yours may well be another denomination and require another catalogue entry.
Regarding the picture: that's already much better. It doesn't look like your coin is in the catalogue.
One reads "48" (or "488"?) under the bust ─ perhaps it means 1/48th of a piastra? Note that there are some 1/48 coins in the catalogue, such as this one which is also known as a 5 tornesi.
Andy - Should this coin be considered as Sicily, or Naples and Sicily? I know there was a lot of turmoil, and boundary/control changes for the area. I thought during this year they were combined. None of my other sources identify this coin, so want to get as much accurate information as possible.
In 1648 the Kingdom of Sicily (also called Kingdom of the Three Sicilies) was composed not just from Sicily but also from Naples and Sardinia. Also the kingdom contains parts of Illyrian coast, few Mediterranean islands and some territories of Africa, some of them as semi independent territories. On numista things are really messed up when we talk about Italian states. To answer your question this coin should be assigned correctly to the Kingdom of Sicily.