This silver token is from an establishment called The Peach in Stoney Sept Westeros, the scene of the mythological events taking place in the series of novels by author George R.R. Martin.
Establishments of this sort were frequented by the short-statured Tyrion Lannister, a major character in the novels, and in light of this such brothel tokens are sometimes referred to as a “Dwarf’s Penny” by the uncultured seeking to make jest at the expense of the Lannisters. It is thought to have been struck by private arrangement at the Oldtown mint (the details of which we can only imagine as they do not appear on the mint ledgers) around the 300th year after Aegons conquest united the seven kingdoms of Westeros.
The peach fruit depicted on obverse is intended to symbolize… well… something erotically suggestive. This particular piece is struck in appx. 3.2 grammes of pure silver (.999 fine), about 21mm in diameter. The reverse side is inscribed simply “ONE”. In use, these tokens were purchased at the going rate from the management of the establishment to gain admittance, and then tendered to the courtesan of choice, who then turned them back in to the mangement as proof of services rendered. They seldom circulated outside the establishment except in cases where a friend would purchase one as a gift. They were particularly popular for some time as a gift for young men on their sixteenth name day. Few indeed can resist the temptation to spend THAT dwarf penny, and so for this reason they are considered rather rare outside the walls of THE PEACH.