✅ SOLVED What is this?

[creskol]

This heavily rusted wrought-iron object measures approximately 8 by 6 inches. It has a rolled perimeter, a single hinge assembly along its upper edge, and a keyhole-shaped opening near the bottom. The hinge appears to have accepted a mating leaf inserted into the rectangular slot, indicating the object was designed to pivot upward. Any ideas?
The back is nondescript.

 

[Treasure_Hunter]

That is a puzzler...

 

[DizzyDigger]

Could it be the hasp off of a trunk?

 

[creskol]

It has been identified as a genuine wtfiit .. I agree with that.

wtfiit = "What the f' is it"

 

[ragtopman]

As soon as I saw it, I thought, its what's left of an old padlock