Is it brass or gold? What is this nail for?

Hubby found this at Nelscott Beach around 35th street SW at low tide in February, 2010.

It appears to be a nail, set in concrete of some type, encased in a tube of sorts.  The tube feels like stone, the concrete is getting softer the dryer it becomes. The nail does not have tarnish, does not smell of brass and does not conduct taste or acid to the tongue.

Is this from a survey post? For now we will go with it was a Nail that King David gave to his son to build the temple, since that sounds alot more fun. It seems to be antique and fossilized.

What do you think?

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