A pure silver 925S pendant top featuring an equestrian horse, a traditional European motif, made by the prestigious German jewelry maker Walther Dumbert of Pforzheim during the West German era of the 1970s. It comes with a 60cm long pure silver 925S chain. The surface is vermeil, meaning it is 24k gold plated. This is done to prevent the silver from tarnishing and also to cater to the European preference for the unique precious metal color combination that results from the pure gold on the surface wearing away with use, revealing the underlying silver. As a long-time equestrian enthusiast, I purchased this as a souvenir during my many business trips to Europe. It is new and unused. I liked the lifelike horse motif when I bought it, but I'm decluttering and no longer need it. The horse measures 3.8 x 2.5cm, and the weight including the 60cm chain is approximately 12g. When this item was made, the price of pure silver was about ¥13/g, but now it's ¥208/g, a rise of about 16 times. This is because silver, which has good thermal conductivity, is in high demand for solar panels and other high-tech industrial products, and also due to speculative investment driven by political instability. In Japan, the value of silver as a precious metal has been excessively underestimated until now. The price increase is far higher than the approximately 10-fold increase in the price of pure gold. The price of silver products will likely continue to rise in the future.