Chas Gray & Sons

28mm, br

Although lettering is raised, entire front design is sunken below the rim. Reverse is rough and has a raised square protrusion in the center
Paul writes: While searching for information on a small antique tenon saw I recently acquired I came across your mystery “token”. My saw was made by a “C. Gray & Sons, Sheffield”. On the blade along with the name is a fleur-de- lis type logo (similar to the one in your photo) with the letters “TRY” (not a V) beneath it. All of this seems very similar to your item. What I am suggesting is that what you have might be a saw nut (holding the blade to the handle) or some other tool-related item associated with this company.
Bob wrote: They made knives in Sheffield, England (listed in 1968 still), Sheffield was a high quality steel producing town in England. The item illustrated may have been inset into a wooden box as an advertising element.
Someone wrote: there is a steel merchant in WharfRoad \Stamford, Lincolnshire called Chas Gray.
Several people have suggested this could be a button. While this is possible, it seems a lot heavier and rougher than most buttons.
Peter sent a picture of a saw with this saw nut in place:

Know anything about this token? Please send me a note: pineconeforge(at)gmail.com