Below are the links of the coin's pics:
http://farm5.static.flickr.com/4096/4757924265_d24246137d.jpg
http://farm5.static.flickr.com/4116/4758567996_afcc4c3ab0.jpg
It seems to be made of aluminum. I take it for a piece from a parlor
game, or possibly a prize from Crackerjack or similar. I wouild date
it to circa 1950-1975.
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Here is a bit of historical background of Barbarossa. He was a
murderer and a pirate of Greek origine. He was known in the Aegean
sea for his exploits, when Turks captured him and offered to do their
bidding in the region he became a Muslim. He is credited of forming
first Turkish navy . He created havoc in the Aegean and Mediteranean
seas. Turks revearhim ..as the rest of the world well you guess. His
name Barbarossa comes from Italian or French language Barba Rosa
meaning red beard. His full name was Barbaros Hayreddin Pasha.....and
he never vas king of Algiers but the scrouge of Mediteraneean.