This is a little motor tyre, in the Meccano system this is part number 142c. This particular specimen can be dated to around 1930. Made by Dunlop (in England, hence it's a tyre).
The amazing thing about this particular tyre is that it is still rubber. At a guess, let's say Shore 70. Even the 1950s tyres have all gone to stone, rock-hard. The two other part 142c that were in this job-lot had turned to unrecognisable lumps of donut-shaped tarmac. This particular tyre would have experienced the same storage conditions over the past 90 years or so as the others, yet this one is pristine.