This was a vintage finding that came out of my Luxor line - I purchased it in the early 90's in Egypt while trying to pull the line together. It's in mint condition - very ethnic in origin or crude in nature - silver plated with very small turquoise like cabs channel set into the outer frame. There's a small scarab - an ankh and Nefertiti in the middle. It has a lovely filigree Arabic design. It measures 2.25" across. Has a secure clasp and my usual Kia's logo tag. I could also turn it into a pendant - if interested just ask.
This is not a new piece. If you have been to Egypt - some of the smaller little shops - there's no "production" going on. At least not when I was there but that was almost 30 years ago now. I actually have no clue the exact age of this item.