Is this a love token?

[NealNoINIronBrigade]

I'm pretty sure it's not a coin even though it's the same diameter as a dime. It's very thin and there is no reeded edge. I'm also pretty sure it's silver and I think that's a Masonic symbol under the initials. Does it qualify for a love token even though it's not on a coin?
Neal

 

[Marc in Va]

and the emblem on bottom looks very much masonic. I think it is or was a coin. My first thought is old worn Spanish reale. Nice find!

Marc