Help Identifying coins

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 Good morning,

 

Can someone help me identify this undated peseta.

 

Thanks.

 

Cropped and brightened…..

 

 

It ain't what you don't know that gets you into trouble.  It's what you know for sure, that just ain't so.  Mark Twain

A “sheaf of arrows” is a bundle of three arrows, two in saltire and one palewise, bound where they cross.

Referee of south atlantic islands

Either spanish civil war currency or an spanish token for 1 peseta

It is what I imagine. But I would like to be more specific, since I've been searching for days and I can't find anything about it. If someone can help me I will be very grateful.

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