Help with a Coin ID?

[Fullstock]

I dug this today and I believe it’s a coin of some type. There is lettering around the edge on one side and what looks like a bust in the center. There is nothing identifiable on the other side. The letters look like part of the word states?

 

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[Hawks88]

Nice find. Sorry I can’t help with the id.

 

[Molewacker]

No help here, but I got my fingers crossed for you!

 

[nhbenz]

I would have guessed that to be the back of a flat button, with part of the word Plated (silver plated).

 

[Charlie P. (NY)]

Old 2¢ coin?

 

[Fullstock]

I would have guessed that to be the back of a flat button, with part of the word Plated (silver plated).

No sign of it ever having a shank that I can see.

 

[Mackaydon]

The lettering might also be part of 'waterbury' as in the button company of that name.
Don......

 

[Iron Patch]

I would have guessed that to be the back of a flat button, with part of the word Plated (silver plated).

Bingo. No doubt about it.

 

[Fullstock]

Hmm, you guys are probably right, but why no sign of a shank? That’s what threw me.

 

[CRUSADER]

Hmm, you guys are probably right, but why no sign of a shank? That’s what threw me.

Because it looks altered/messed around with.

 

[A2coins]

cool relic

 

[Bramblefind]

In times of small change shortage flat buttons did enter circulation - that may be why this button was possibly altered and the shank smoothed over. Someone wanted to turn it into a "coin" that could pass.

 

[Fullstock]

Thanks guys, and yes I agree, it’s a button. Had my heart pumping for a while though....