As shown a really nice brooch / pin in excellent vintage condition.
Approximately 2" x 2" this has a 925 sterling silver mark on the back as shown. Not sure what the upper metal is however is non magnetic.
There are three small fresh water pearls and one black stone and one slightly larger (what looks to be amber) stone. The square "diamond" at the top of the ships sails is paste. 
Really nice piece.