Movie stars wore it. Ziegfeld Follies showgirls wore it. You could only buy it at the best department stores and exclusive boutiques. It was HOBE jewelry and it was made with the same techniques and high standards found in precious jewelry. (William Hobe's father was a master goldsmith in Paris so jewelry was a family talent.)
This is a prime example of the Hobe style...a dramatic gilt filigree framed pin and/or pendant, holding a large foil-backed red glass cabochon. There are prong-set deep red faux rubies all around with more of them dangling from the bottom.
This can be worn as a brooch or as a pendant. The pendant measures 2 1/8 inches across by 3 1/2 inches high. The gold-plated chain measures 22 inches around.
The pendant is marked HOBE. This hallmark was used from 1958 to 1983...this piece is circa 1960s.
Condition is excellent...no wear to the metal. Stones are intact. No wonder Hobe's advertising slogan was 'Jewels of Legendary Splendor'.