1880s bullet ID help

[azmetaldetector]

Found this bullet in an empty lot in downtown Phoenix,AZ. Possibly 1880s era? It is 1.15 oz. and is 1 1/8" long.
any ID help (age, type, collector value ) is appreciated

 

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[BosnMate]

It's probably a 45/70 bullet, but nobody can say that for sure without an exact measurement of the diameter in 1/1000's of an inch.
A .457 to .459 inch diameter would make it a .45 caliber bullet. The 45/70 cartridge dates from 1873 until now. I cast and shoot
hand cast bullets sized to .457 and weighing 405 grains in my 1873 Springfield. Historically there was also a 500 grain bullet.

 

[azmetaldetector]

Thanks for the info.!