Lead Decorative Piece?

[ALAMOTX]

This decorative piece was found near a 1878 Home.
It appears to be lead and it has hearts around the edges of it.
There is a hole in the middle of it also.

Thanks

 

[vayank54]

A cool find. It's a bridle rosette for a horse. Probably from around the civil war. On the back you can see a bit of rust. that is where the iron bar was. I have no idea about the hole unless there was a letter or something on the front held by a wire going through the hole