lead weight?

[Moe (fl)]

Is this a lead weight or a sounding lead?

It was found at beach.

Thanks.
Moe

 

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[dingode]

Looks like a care tire wieght to me

 

[NGE]

If it was a wheel balancing weight, someone removed the metal rim attaching clip and bored a hole in it to make a fishing sinker out of it. I think fishing weight.......NGE (T)