I also think it's english....I can make out Hibernia on one side and I know there are some Colonials with that, but I can't find one with that sheild. I am no expert though, so someone with more of a background with Colonials will have to jump in to confirm.
Most likely British. The Brittainnia side is VERY similar to the #8 picture on plate J in Davis's 19th century token coinage. (There is a better book on these tokens but I don't have a copy yet.) There is a slight chance that it might be Canadian. They had some tokens in the EARLY 1800's that were similar to the English tokens. It is NOT a US coin.
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