Another one almost exactly the same was posted here in the What-Is-It? forum a couple of years ago. The consensus of opinion here ended up being that the object was a lead "patch" poured into a gap in a round wood fencepost or other pole which previously had had screws in it. (Note that the top of this object is rounded.) The screws were removed by unscrewing, leaving their threaded holes in the wood, before the molten lead was poured into the gap. Eventually the wood rotted away, leaving the lead "casting" of the gap and screws.