This mercury silvered glass Christmas ornament was made in 1920s or earlier Japan. It's 3 inches long and has an unusual drop cone shape with flower indents below center in each of the six paneled sides. The ornament has raised layered petals just like a pine cone. The petals are tipped in white gesso paint to resemble snow or frost in the same manner that traditionally shaped antique Japan pinecone ornaments were often decorated. In all my years of collecting antique ornaments, I've never come across this shape before.
The metal cap is marked Japan and I believe it to be original due to the feel of the glass and the way the short pike is formed. The inner silvering is still bright, shiny, and even except for one small cloudy spot below one of the flower indents (first picture, lower left). There are no chips, breaks, or scratches.