new indian thing? maybe

[lazabert]

crazy and nice less than 2 inches long i thing and 5/8 s wide

 

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[Argentium]

Looks like a part to a bracelet - perhaps sold in a curio shop in the 1940's -50's Nice find .

 

[ANTIQUARIAN]

Too small to be a watch fob.
As Argentium already mentioned, likely from a bracelet.

Dave

 

[lazabert]

what is a curio shop?

 

[I-DIG-IT]

Nice digs.