Spanish?, PAZ No 5 Seal

Argen Seal, Image by StuE, Found by Goretex Spanish?, Arge? Seal, Image by StuE, Found by Goretex.
Found in England, 14mm, 4.3g.

Pretty little seal but badly damaged. One side appears to have PAZ No 5 across the middle with a word ending in DE above it and one beginning with T below. The other side has a four petalled flower at its centre, a raised line forming an oval border around that and writing between this border and another possible one. This writing is clear in some places and missing in others, S?ARGE(N?)??F

The language might be Spanish.

Photo info