8Reales
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It is definitely an extremely recent Reproduction made for use by civil war battle re-enactors. In addition to having a self-shank back... note that the backmark says "Waterbury Button / CT U.S.A.". The Waterbury Button Company changed its name to Waterbury Companies" in 1943, and retained that name until 2000, when it reverted to the name Waterbury Button. (That info is from the company's website, About Us - Waterbury Button
Waterbury buttons made from 1943 to 2000 have a backmark saying Waterbury CO'S -- which is the abbreviation for the plural word Companies. Sometimes, Companies is fully spelled out. Note also that the abbreviation INC for Incorporated is always included in those 1943-2000 Waterbury backmarks. See the photo below.
8Reales, your button's backmark saying Waterbury Button / CT USA means it was made in 2000 or later... a "very recent" Repro.
Like Creskol, I've never seen an actual US Military-issue button with a self-shank back. I said "actual" because I've seen some lookalike Civilian-usage "Fashion" imitations (especially imitation Navy buttons) which do have a self-shank back.