Possibly cut silver?

[ATpro5]

What do y'all think? Is this cut silver? Penny is for size reference.

 

[ATpro5]

After further cleaning

 

[ATpro5]

You can definitely see the word "play" after cleaning. This must be some kind of mean joke... who holes and cuts a play token?! Well maybe one day.... thanks everyone for your comments and thanks for the ID!

 

[Tin Foil]

Bummer ATpro5. At least you got to feel the rush of old silver for a little while. I had the same rush a few days ago (post 4/22 "Reale counterfeit 1842"), only to realize my "old silver" was old pewter... We'll get em next time.

 

[Carolina Tom]

Sorry ATpro5. I have a bunch of "oh so close to coins" at home too. Dang...

 

[462]

Here is a thread from 2007 that shows what you have.
http://www.treasurenet.com/forums/what/34051-play-money-id-coin.html