This looks to me like a Indian State ( Cochin ) Gold Fanam, but I seem to have trouble matching the exact coin.
Gold, diameter 8-9mm (uneven ) . Weight around 0.4g .
That was my first thought,but on this one on the left of the "U" there is simply a solid dot, while mine has some kind of more complex design. Also on the same side under the "U" mine has just 4 dots in a row on the top, not 5 + 3 above.
The attribution is
INDIA-PRINCELY STATES, COCHIN, FANAM, 1795-1850, , GOLD, KM:10
The picture in KM cuts off most details .
Numista has a significantly different picture for the same coin (the one alamir mentioned in his first response). Would anyone with experience in Indian coins know which one is correct ?