Can anyone identify this coin?

I found this coin today. It is the same size and weight as a quarter (which is why I think it may be a counterfeit). It has a lotus (similar to the one on one of the Taiwanese coins) with what looks to be a capital M in the center. It has some kind of writing on it that I cannot identify.

Here’s a link to a picture of it: http://img132.imageshack.us/img132/3265/14998116394000175661013.jpg
I forgot to add that the image on the back is exactly the same, but rotated 120 degrees (1/3 of the way around)

It seems like a lot of effort just to make a counterfeit quarter. If it is a fake… kudos to them hehe
I was working the cash register today and it was in the quarter compartment.

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