Need help with lead bullet ID - 1 ring bullet

sluicelee

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Upcountry, SC
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Teknetics Delta 4000, Garrett AT Pro, Falcon MD20
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All Treasure Hunting
Went out detecting today and found this bullet. I'm sure this isn't anything special, but curious to know more about it. It has a faint ring near the bottom, looks to have been done by hand. It came up as a nickel around 60. It doesn't have the white patina thats common with the older bullets, but any info would be appreciated.
Thanks in advance!
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.38 S&W Special or similar?

The ring is called a "cannelure" and is found on swaged bullets (rather than cast) or metal jacketed bullets and is to help hold a pistol bullet in place when the case rim is crimped. Recoil can otherwise cause unfired bullets to slide forward and jamb the revolver.
 
Thanks Charlie P.!
I appreciate the info, Happy Hunting:icon_thumright:
 

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