Wear it on a ribbon, as intended, or string it onto a chain and you've got a necklace. Blue enamel and pearls imitate a hexagonal wax seal, which by 1920 was basically a relic from ancient history. Gothic font adds another layer of retro to the whole situation.
MATERIALS: 9k gold (marked), blue enamel, seed pearls, new 14k gold chain & grosgrain ribbon
AGE: c. 1920
CONDITION: Very good
SIZE: 5/8", 18" chain