This is a stunning vintage ladies watch pin or brooch by Bucherer in 800 silver set with marcasites. The watch is suspended from a bow pin heavily encrusted with marcasites. The watch itself is rectangular and surrounded by marcasites with a double row top and bottom. The pin is marked 800 for a grade of silver lower than sterling which is 925. The face of the watch is marked Bucherer 17 jewels.
It measures 1 7/8 inches long and the bow portion of the pin is about 1 inch wide. It is in very good condition. The watch runs but I cannot guarantee that it keeps time. It should probably be cleaned and inspected by a watch repair person.