Vel sent us a photo of this unusual piece. The dragon usually means Chinese origin, but not always. We have been unable to identify it in any of our coin catalogs.
But then we called in the Big Guns over at World Internet Numismatic Society (WINS). These guys are all super-smart numismatists and can probably identify the piece. Here is what Oded says:
Republic of China, 'Yuan Shih-Kai as Hung Hasien Series.' Obverse: Bust of Hung Hsien in Ceremonial Robe, facing slightly left. Reverse: Dragon
and Tian replies:
This is a modern forgery, this seems to be the better ones, meaning less crude. The genuine ones are rare and usually don't turn up in grades like this.
Our answer to Vel: Sorry, your coin is counterfeit. It is worth zero.
By the way, both novice and seasoned collectors are welcomed to join WINS. I recommend it!
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