OK, I replaced my coolant temp sensor today, and when I pulled it, I saw this:

Pulled it out with a pick and it looks like this:

Looks like a rubber band accidentally dropped into the system(?!), but if anyone knows better please sound off. I haven't had any coolant leaks in the system that I know of... Guess i should be glad it ended up someplace that I could remove it so easily?
Cheers,
KM