MackDigger
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The sideview photo shows your US Navy button's loop is set in a shallow bowl depression, which means what looks like a circular groove around it is actually just the edge of the bowl. In other words, unlike nearly all 19th-Century Scovill backmarks, there is no indented ring/groove around the company name. Your button's backmark dates from the late-1800s onward through the mid-20th-Century until 1962, when Scovill stopped making metal buttons. Here's a photo showing the no-ring(s) "Scovill Mfg/ Co. [dot] Waterbury. [dot]" backmark on a World War One era "black-finish" US Marines button. In May 1941, the button's emblem was changed to show the eagle looking toward ITS right, so yours was made before that year.
The sideview photo shows your US Navy button's loop is set in a shallow bowl depression, which means what looks like a circular groove around it in the "straight-down" backview photos is actually just the edge of the bowl. In other words, unlike nearly all 19th-Century Scovill backmarks, there is no indented ring/groove around the company name. Your button's backmark dates from the late-1800s onward through the mid-20th-Century until 1962, when Scovill stopped making metal buttons. Here's a photo showing the no-ring(s) "Scovill Mfg/ Co. [dot] Waterbury. [dot]" backmark on a World War One era "black-finish" US Marines button. In May 1941, the button's emblem was changed to show the eagle looking toward ITS right, so yours was made before that year.