British trade weight

Walesone

Newbie
Oct 8, 2018
1
0
Primary Interest:
All Treasure Hunting
Hi found this on a dig in UK at the weekend. Its obviously a British trade weight. However my issue is with the cypher marks. Does the "W" stand for William?? If so it does not appear to be old and the outer text appears to be modern (ish) "imperial standar (missing letter d?)).
Any help or guidance appreciated.
 

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