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Hern 218a - stamped - as per coin.
Franklin was listed in the 1865 Natal Almanac as a working Tinsmith and General Store keeper. The obverse letters P.M.B.U.R.G represent the engraver's shortening of Pietermaritzburg with some misplaced stops! The reverse uses Britannia, but no value is shown. This is Penny size (33mm), a similar piece of 27mm was also produced and would have equated to a halfpenny. Reverses could be confused with British regal bronze and about half the coins are countermarked with "A CARD" to the left and "NO VALUE" to the right of Britannia. A document records that this was done personally by Franklin.
More on this coin at this link: M Franklin (and higher quality image of coin being sold here)
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See also my other rare and unique tokens currently for sale.