Rare collectible item!  Mid-century statement brooch.
Features a woven, open-work gold-tone metal mesh cord shaped into a classic circular wreath. Decorated with multiple marquise-shaped (navette) faux-turquoise cabochons with dark matrix detailing, framed by a border of prong-set clear crystal rhinestones along the outer edge.
Marked: “Hobe”.
Metal:  brass. 
Measures: 4.1 x 4.8cm; ~ 1.6 inch X 2 inch.
1950-1960's jewelry