6 Years Later I still Dont Know What it is...

[MarcM]

I dug this about 6 years ago and have been posting on forums every so often hoping someone could ID it for me. Thanks to everyone who have given an opinion

This was dug about 100 yards from some colonial foundation ruins where I've also dug plenty of colonial relics. This is just a neat piece that I'm just dying to know what it is. Any and all guesses are welcome!

Size: about the size of a morgan dollar and quite thick.
Weight: 2.6 ounces
Metal: i thought it might be lead given it's weight but it rings at 12-43 / 12-45 on the CTX.
Non-magnetic

The most confusing part is the older looking markings on the front but the newer, possibly machine-made holes on the back.

 

[mudpuppy]

Those holes look similar to what an old wood drill bit made..you know, for cutting a hole for a wood dowel pin or plug before there were nails and screws to be used as fasteners...

Before electric drills, There were these old timey drill bits that a guy used in a hand cranked brace, (you can still find them at garage sales and whatnot)...they had a threaded tapered lead screw to bite into the wood and a sharp outside foot to start the work on the hole...a fellow may have used this circle of yours as a test subject to see if he got the sharpening correct...If a guy didnt hand file everything just right, it would spin like that pattern exhibits..the screw wouldnt bite in, and that spade outside would carve a ring like in your photos....probably just a drop of some sort that some kid messed with using his Old Mans brace and bit? So I would say its a test piece, or a scrap drop from a kid who had nothing better to do but burn up his Old Mans wood drill bits on a piece of scrap metal, on account of NOBODY that had any respect for a wood bit would ever do something like this! A sharpener guy would test it out on wood, not metal!.....it is curious and old...bits today dont make that pattern, even Forstner bits...just those old timey hand cranked bits do..
I'm sure somebody told you this before though right? What were some of the other ideas if I may ask?
Thats a fine dollar coin!
Mud

FWIW, back in the early 60's, I went outside early morning after a heavy ice storm, and pounded all the ice off my Old Mans car with a ball peen hammer! Just saying, kids get ahold of a tool and no telling what happens!

 

[MarcM]

What were some of the other ideas if I may ask?

Thanks mudpuppy!

Some of the other suggestions were a poker chip, checker piece, religious token, and a rivet set for punching holes in leather.

 

[shadowman]

This just guess. Could it be what you would use in the bottom of a vase to hold flowers?