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Originally Posted by Michael Blalock
Venetian Ducat, minted for hundreds of years like the Maria Theresa Thaler and often imitated even in gold, used as international trade currency, most likely a brass copy made in India. See the writing from the 10 o'clock position to 12 o'clock. DUCAT
They were on all the Jambiyas.
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If it is a real ducat then that might indicate that it pre-dates WWI. I believe it was around that time the ducat was replaced with the newly acquired sovereigns that T.E. Lawrence was passing around. You see a lot of brass fakes of those also.