Heavily Damaged, Holed, And Corroded 1787 New Jersey Nova Caesarea "Batman" Maris 48-G?

Found this in a bulk bin today, what do you think? It took me about an hour to get in the ballpark here with this one, but that's the fun of it

For the record, AI told me it was a washer

I see the outline of the horse facing right on the obverse, and some features of the plow below. I'm about 95% positive I can make out an 8 in the date, and about 40% positive I can see a 7.

E PLURIBUS UNUM present around the shield, with mostly just "* UNUM" readable. Once I had the type, I almost gave up and assumed it was a fake, as this shield is so different from most.

8.3g
Non-magnetic
1.015"-1.055" diameter

As worn as it is, I would be thrilled if it's legitimate







Edit: Added reverse text shot, I was able to make out most of the rest and place the characters accurately. There's a certain angle where the light brings out definition.