That is an old scudo or half scudo from the Papal States, around Rome, in Italy. The Pope at the time was Pius VI. The AUXILIUM DE SANCTO inscription means roughly HOLY ASSISTANCE.
Below are some approximate catalog values for these coins. The patterns are the same on the half scudo and scudo. All dates are worth about the same.
1/2 SCUDO (32 mm diameter)
worn: $35 US dollars approximate catalog value
average circulated: $200
well preserved: $400
SCUDO (40 mm diameter)
worn: $50 US dollars approximate catalog value
average circulated: $250
well preserved: $500
Use our Terminology page to convert these catalog values to actual buy and sell values. Since Nita's coin is mounted in jewelry, it will be worth much less. Coin collectors do not buy coins mounted, or previously mounted, in jewelry.
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