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Lead Ring

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Greenie
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Any Ideas guys? Site has produced modern items all the way back to an 1808 large cent with lots in between
 

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Is your site near water? Might be some sort of net weight.

Steve
 
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A very old seal. Used around a shaft on an old machine, or pipe joint. Tony
 
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I'm with Tony. This looks like someone's attempt to make a patch for a leaking pipe.

DCMatt
 
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I think it is either "Babbitt" or oakum . Babbitt was a type lead bearing and Oakum was for packing joints in plumbing such as the packing seal for a stem in a valve.

Wade
 
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