Lead seal with three lines of text.
Although IV is believed to normally be written as IIII during ancient times, the section with LEG (Legion) and AVGN (Augustus) could mean the Augustus Legion which was actually the III Legion. The IV could simply be a I and a V possibly to signify a weight. These seals were used for messages or to seal some kind of commercial product being transported throughout the Empire. An ancient thick tan colored patina covers the entire piece.
**any help in identifying this item properly would be appreciated**
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**Note on background. Close up view of the wall of the Colosseum of Pula, Croatia. Picture taken 2014