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Railroad Tool Bag Tag?

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Golightly

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Happy Sunday everyone. I found this by an old railroad near Macon. It measures 46.0375 mm. Any ideas? A07AD8A4-4F54-4D28-AF85-13B1912B2B6C.webpBD668621-D358-45FA-BA6E-0411634B0870.webp
 
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Not a tag of any kind..probably some sort of token.
 
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Carefully clean it, it could be a nice token. I was thinking mail bag or luggage tag but no attaching hole that I can see. Still a nice mystery find.
 
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