What Is It? – December/January 2014

Any ideas what this mystery object might be?

What Is It? - December/January 2014

Johanna Cardinal of Valleyfield, Que., says, “This item belongs to my mother, Rebecca Wang, and was found at an estate sale. When the ‘handles’ at the top are squeezed together, the bottom part opens. The rose swivels freely. The chain has a clasp on it and although it’s gold-coloured, it’s not real gold. It measures about 2 inches in length.” Any ideas?