Flat Button ID Help

smitty99er

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Joined
Apr 16, 2023
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9
Please help me ID this flat metal piece. Possibly a button or small candle holder, but not sure from the shank in the back part. Thanks in advance.
 

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Here is a penny for reference.
 

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I've cleaned it up a bit, but eroding of the metal has made it hard to identify any writing
 
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