What kind of Chinese coin is this?

Question

http://tinypic.com/view.php?pic=9lehb4&s=3

http://tinypic.com/view.php?pic=2pred5h&s=3

I am a treasure hunter and dug this coin up at a playground behind the swings. It's in really good shape with almost no rust, it's about as big as a quarter and about as thin as a dime. I've heard everything from "its a 17th century coin" to "prop used in a magic trick." Can anyone shed some light on the subject? Thanks

Answer 1

If I had to guess, I'd say it's a Chinese good luck coin.

Not worth much, but a cool find anyway.

Seeing as how it was found in a playground that probably isn't 400 years old, I'd say it was on a tassle and fell off.