Hodder 2-B, W-12040 variety, Thin Planchet type, overstruck on an English Charles II Halfpenny like this (image courtesy of PCGS):
Q: Hey, how do we know that?
A: Because the instantly identifiable CAROLO legend from the host coin is boldly in evidence here above GOD on the reverse.
Making this a rare and important issue that is among the nicest of just 5 known overstruck Elephant Tokens, with choice surfaces and lovely chocolate brown color.
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Coin #: 58 | Cert. #: 40232547