This is one of a matching pair of penguin fur clips, this is the female. It is unsigned by I have seen it attributed to Coro. Her body is black and white enamel with red eyes and beak, and orange feet. There are rhinestone accents above her faux pearl cabochon belly .
Overall condition is excellent with minor wear to the enamel. One of the prongs that helps hold the clip in place on the back is broken off, a minor thing.
She measures 1.5 x 7/8 inches.