Both sides are the same, correct?
It is a bangle off of a vintage belt from the 1960's, maybe 70's. That's why they are always holed. Not a gas station token, or really a token at all really, which was my first thought. I get a kick out of how many of these are being called Washington funeral tokens on eBay. But they came from this sort of thing: https://www.etsy.com/listing/93244683/brown-sash-belt-with-george-washington?ref=market