What on earth is this thing (Mexican coin, contemporary counterfeit)?

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Found this in the World Coin Errors category on eBay, I'm wondering if anyone knows the story behind it. It is so crude I can't imagine it was a legitimate issue from any real government. Is it a contemporary counterfeit, or is it related to some economic or political upheaval? I could see it as being akin to Hard Times tokens inthe US based on the workmanship. I'm also curious if the opening bid is reasonable. The coin certainly has a "coolness factor" for me as a variety enthusiast, but I'd like to know a bit more about it before taking the plunge.
Many thanks,
Sean Reynolds
Found this in the World Coin Errors category on eBay, I'm wondering if anyone knows the story behind it. It is so crude I can't imagine it was a legitimate issue from any real government. Is it a contemporary counterfeit, or is it related to some economic or political upheaval? I could see it as being akin to Hard Times tokens inthe US based on the workmanship. I'm also curious if the opening bid is reasonable. The coin certainly has a "coolness factor" for me as a variety enthusiast, but I'd like to know a bit more about it before taking the plunge.
Many thanks,
Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
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Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>Here's one to compare it to....... >>
This coin is the plain edge variety and it is definitely a nice one! The one on ebay will probably sell for around what the start bid is. I do not know much about these issues, but I am hoping to learn more... Maybe one of the experts will chime in soon.