BUTTERSCOTCH BAKELITE HORSE PIN WITH BRAIDED LEATHER

This Bakelite pin is 2 1/4" long and 1 1/2" in diameter. It is butterscotch colored with a raised horsehead in the center which appears to be silver. The fastener is on a butterscotch Bakelite bar held to the pendant by braided leather. The sulphide surrounding the horsehead has become loose in one area. 1920.