This is in used wearable condition. The only thing that is magnetic on this is the clasp. Everything else is non-magnetic. Everything about this says sterling silver to me and the little gold pieces on it may be some kind of gold as well. None of this has been tested so just consider yourself buying a pretty piece. There are some hallmark stamped on the back of this, and I do not know the maker as they are hard to make out. Other people that have this listed though have it listed as Sterling silver with the little emblems inside being 18 karat gold. Like I said, I cannot verify that though so you are buying a pretty piece. See pictures for condition details as they are part of the description. As is. All sales are final. Thanks for looking.