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Is it a coin or token?

Itsjustagreat1

New member
I was hunting my uncles pasture today along a creek where the butterfield trail crossed and i found this coin or token that has been holed. It says liberty on the head like a coin and on the back it says 1864 and 1. It is slightly smaller than a dime. Can anyone help me id it? I also found a eagle cuff button close to it.






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Looks like a counterfeit coin to me ?
 
It's a link from a bracelet. I've seen them intact just like the one you have. It had 20 or so small, replica large cents chained together. Nice find.
 
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