Pictorial Charm Item Number: Edz4172 from the MOA: University of British Columbia
Round, square hole in centre, inner and outer rims on both sides, two Chinese characters on obverse, design of dragon and phoenix on reverse.
Design similar to a coin, but too large to circulate; not from the period it purports to be from (Larson, David). A gaming token used for the "Horse Coin Game" which had been popular since the Song Dynasty and vanished by the Qing Dynasty (Li, Min).
Bai Yi is the name of one of the horses which pulled the chariot of King Zhou Muwang, the legendary Zhou king of the early first millennium B.C. who toured the remote area in Central Asia on a chariot pulled by the finest horses.