That badge is an aluminum token that was made by a vending machine at carnivals, arcades etc. You used a dial to select what you wanted punched into it.
Cool find!
Love the black silver, sometimes shiny sometimes not.
I bet that purse frame slowed you down for a while.
Yes. That was in an 1870’s location. There were multiple square nails within the hole when I dug that out. Might be a good spot to sift.