Thank you for viewing. This item was purchased from an antique shop and displayed for a while. It's a clip. It stands on its own, so you can use it to hold postcards or similar items. There's a hole in the back, so you can hang it on the wall. The purchase price was quite high, and I also like it, so this is the price. I'll consider a small discount, so please comment. It's quite heavy. This is an old item, so please purchase it if you are familiar with vintage and antique items.