Maybe over 170 years older than expected. Looks more like one of these ...
http://www.mcsearch.info/record.html?id=358063
http://www.mcsearch.info/record.html?id=358064
with the knight waving a sword, and the crowned eagle on the other side ?
I think the coin in the first link is more like yours, in comparison ...
Lithuania half grosch of 15.., Vilna/Vilnius (date on yours, perhaps
1517, is on top left).
Obv: Knight rider with a sword riding toward the left.
Rev: Polish Eagle.
Obverse lettering:
+ MONETA : SIGISMUNDI : 15..
Reverse lettering:
+ MAGNI : DUCIS : LITUANIE
EDIT: Having found out all that, I now think it is already on here (size 20mm) ...
https://en.numista.com/catalogue/pieces35049.html
Here are some others ...
http://icoins.eu/ygimantas-senasis-1506-15441548/half-groat/1519.html