With the same design on both sides, it certainly is not an actual coin. What it is, I can only guess without a translation of the inscription. My best guess would be a jewellery replica, intended to look superficially like a coin when attached to clothing or something; I'm only guessing this because "something that looks like an Ottoman coin but isn't" is almost always a jewellery imitation, especially if it's yellowish or golden-coloured.
First off, let's put this thing right way up to better attempt to read it.
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I recognize the bottom word at once: "mubarak", a Persian-origin word meaning "blessings" or "Happy", and is often said at festive occasions. I'm not sure of the reading of the top word or words. But my best gues, in this light, becomes an Iranian wedding token.
First off, let's put this thing right way up to better attempt to read it.

I recognize the bottom word at once: "mubarak", a Persian-origin word meaning "blessings" or "Happy", and is often said at festive occasions. I'm not sure of the reading of the top word or words. But my best gues, in this light, becomes an Iranian wedding token.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis