This rare Pegasus pendant was actually a service award for the Mobilgas Company. The charm or pendant is a circle with a second raised circle at the center where the winged horse figure is surrounded by black enamel and set with a faux Ruby. The center part is likely solid 10k gold but there is no way to test it without damage. Pendant is 1/20 12k Gold Filled, stamped on the back. Also stamped with the maker’s initials, A.J.C. Co. These were given to long time employees in appreciation of their work.
Pendant is 1 1/16″ long including the bail. Diameter is 7/8″. Weighs approximately 4.15 grams, it’s substantial. In excellent condition.