Palace issue coin

Obverse - reign title Dao Kuang Tung Pao;
Reverse - T'ien Hsia T'ai P'ing (An Empire at Peace or Peace on Earth).
Although this coin was casted with emperor's reign title on the obverse, it actually was a non-circulating palace issued coin.
"Palace issue" means coins used only inside the palace during the holidays, such as the emperor's or empress's birthdays as well as the Chinese New Year. Palace issued coins are not used as currency and they are normally bigger than the common coins. They were casted as commemorative issues.
Palace issued coins also called Kung Chien (Qian) in Chinese.

Image and description received from Mr.Y.K.Leung

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