Now we move from the weighty, priestly authority to the realm of personal protection. The second item in this essay is just a simple protective talisman. This side of it is a fairly routine 符箓 (fúlù), again of the 正一道 (Zhèngyī Dào) tradition. As is usual, without specific, in-depth education, the precise fulu being depicted is not knowable. From context, however, along with the readable text on this side, we can make some educated guesses.
First, the text at the top right reads 百無禁忌 (Bǎi Wú Jìnjì, "no taboos" or "all is permitted"). This is one of the most common protective phrases in Chinese folk religion. It means the bearer is shielded from all negative influences, unlucky directions, spiritual taboos, and harmful entities.
The text at the top left reads 歲歲平安 (Suì Suì Píng'ān, "peace every year") and, combined with the former, causes the pendant to function as a general all-purpose spiritual ward paired with annual blessings.
It is the symbol in the middle again which presents us with a mysterious fulu we can only decode likely meaning from context. This is a typical Daoist 秘字 (mìzì, "secret script") which I must stress again is readable only by initiated practitioners. From the general context of the surrounding text, however, this is likely either a physical protection glyph or a preservation of health glyph.
At the bottom of that glyph, howeve,r is a stacked coin or treasure motif, symbolizing wealth and stability.
So the summary of this face of the pendant is that it is a general-purpose charm intended to protect from physical harm (or illness), spiritual harm, while bringing annual blessings and wealth. Pretty standard for the type.