Here's the reverse side of the token.
Patriotic Civil War tokens typically displayed inscriptions and designs related to the war effort, events, sentiments, political figures, election candidates and other related entities or establishments, on one or both sides. Many were made to look like coins of the time period to sway the public into using them, while ensuring protection from counterfeiting laws by including key differences, such as the word "Not", as in "Not One Cent."
Since the majority of these tokens were minted in Union states, the slogans and images were decidedly pro-Union, such as: "The Union Must and Shall Be Preserved," "Union For Ever," and "God Protect The Union". A few belong to Copperheads, another name for those bearing sentiments for the South or a desire to end the war, such as, "Peace Forever" and "Horrors of War, Blessings of Peace." And, even fewer were made in the Confederate States promoting their side of the war, such as: "No Submission To The North."
The photo is of a Dix token:
The Scovill Manufacturing Company of Waterbury, Connecticut produced this token around 1860. Scovill was an early industrial American innovator, adapting armory manufacturing processes to mass-produce a variety of consumer goods. With the Civil War starting, Secretary of the Treasury James Dix sent a telegram to Treasury agents in Louisiana: "If any one attempts to haul down the American flag, shoot him on the spot." This quote is on the token's reverse.