Need help ID ing brass ring

[Dubs Chops]

Ok so today I was detecting a school yard that dates back to the turn of the 1900's and got a nice high tone at 8 inches on my etrac. Cleaned it up and it is brass I believe. Is it a bearing race or something else?

 

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[Dano Sverige]

Tie ring, from a sheet of canvas / tent or similar.

 

[tidefan888]

It looks like a grommet from an old flag.