This vintage powder compact is shaped and opens like a pocket watch. It is engraved with a lyre and horn design on the front and a beautiful floral motif on the back. The rim is bordered with delicate faux pearls. To open the compact your press the stem down and a glass mirror and powder compartment are revealed. There is a gold tone loop to hang this from a chain. There are no maker's marks that I can find but this is a quality piece of work.
The compact is in good vintage condition. There is some spotting on one side of the mirror. The puff is present and is marked "MF" which I believe is for Max Factor. The compact measures 2 1/2" in length to the top of the stem and is 2" wide.