You've almost answered your own question. The word COPY is required by law to appear on all replica coins so that they are not treated as counterfeits. Whoever manufactured your coin did not intend to deceive anyone and they followed the law correctly.
It's almost certainly cast or struck in some base metal, and probably sold for a couple of bucks as part of a set of replica colonial coins.
The XII indicates that the face value of the coin is 12 Pence (or One Shilling). This was a common pratice with 17th century British Coins.
A shilling in 1850 was approximatley £3.82
A shilling is a British monetary coin and is not in the Bible.
The English Shilling coin was not introduced until about 1550.
The value of 1 shilling in 1960 Kenya would have been equivalent to 100 cents.
A shilling was a coin in British currency until 1971. It's value at decimalisation was 5 new pence.
Assuming you mean a British shilling, about 10 cents or so. 1948 shillings have no silver and are very common.
A British Shilling in 1841 had the purchasing power of about £3.25 GBP today.
The last New Zealand Shilling was minted in 1965.
one shilling
The last British Shilling minted for general circulation was minted in 1966.
$(XII)
Roughly they can be valued between £500-£5k depending on quality