Found this tag in my 20s dump, along with this 1925 New York hunting and trapping license. I have no idea what this tag is but I know it's my a nearby town in New York (it was dug up in pound ridge, New York.)
copied this from a web site and should help date the piece, which is probably a key fob:
When Chevrolet introduced its 1929 line in December 1928, it advertised "a Six in the price range of the Four." Which, in fact, it was. At $595, the top-selling coach -- as two-door sedans were called then -- cost only $10 more than 1928's four-cylinder Chevy in the same body type.