Does anybody know what this part is?
I found this in with some Remington 870 12ga parts from about 30 years ago. If memory serves (and it might not), the 870 was being cleaned and this was left over. It can't be too vital, cause the 870 has been used for skeet and deer hunting since then with no problems.
It's not the magazine spring retainer, because the spring retainer is about 3/4" in diameter. The unidentified part is about 1 1/2" in diameter, the lip is about 3/8" deep, and the lip does not go all the way around the piece. The lip ends about 1/4" before those little 'horns' on the bottom.
Sorry about the picture - my digital camera can't do much better.