Old button?

[Rauno]

Found this today by the lake.
Maybe somebody have a clue

 

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[Noah_D]

That looks pretty old! where'd you find it?

edit: not asking for a specific site or anything just like the general area/state.

 

[Digger RJ]

Nice!!! Congrats!!!

 

[Rauno]

Sweden

 

[Almy]

The back might reveal whether it is a button so a photo of that would help. You could perhaps translate the writing which might also help. If I found it in North America, it would look like a pewter military button from the 1700s or 1800s.