This little beauty brings The Great Gatsby to mind!  Purpoisefully not polished to retain its vintage patina.  Excellent condition with a possible missing piece of tiny hardware at the clasp.  It opens and closes securely, however,  
 
7" long (8" with tassles) x 3"w
Cathedral brass frame
Three dangling tassles
Adjustable wrist strap
May be Whiting & Davis
Small etched "14R" on inside of frame