This is a vintage enamel lapel pin or brooch featuring a dancing couple against a red background, with the text "RHYTHM ALLIED ELEGANCE". 

Type: Collectible enamel brooch/lapel pin.

Design: A dancing couple with coloured enamel detail.

Text: "RHYTHM", "ALLIED", "ELEGANCE".

Use: Often associated with dance clubs or genres like square dancing, country western music, or rock and roll.