🔎 UNIDENTIFIED Stupid question: Pewter horse tack? With letters?

[ToastedWheatie]

Appears to be horse tack, but has narrow groove. Also appears to be pewter, and that seems odd to me. After a rinse, this lettering appeared. " Vath...."? Modern junk?
Thoughts?

 

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[Tpmetal]

not seeing a photo

 

[Retired Sarge]

Can't help with the ID, but the pictures work for me!

 

[crashbandicoot]

A pack strap adjuster? In the early 1970,s when I was a Marine we had buckles like that on our pack straps,some were brass,but some were aluminum.Just a guess,mind you.