any thoughts of this object

[ohdigger]

found this the other night ,it was about 6 in.deep . i would say it is steel because its rusted inside and is magnetic.it is about
1 9/16 in diameter and1/4 tall. has ruth rogers hollywood made in U.S.A.
thanks for looking

 

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[daroofa]

Makeup compact cover. Bottom right in the photo.