This is magic token MT072, 1910, in Kuethe's reference on magician's tokens. It is white-metal, 34mm in diameter and in fair condition, as seen in the obverse and reverse images. The obverse shows a bust of Kaiser Wilhelm II and reads WILHELM II. DEUTSCHER KAISER KONIG VON PREUSSEN. The reverse shows a double-headed eagle with shield and reads ZAUBERAPPARATE FABRIK / C. B. N. surrounding. This one has a couple of small holes near the top that might have been used to attach to a chain.
