An antique mesh chainmail bag made of German Silver 
Has engraved initials on the front frame E.M.H. (see 4th pic)
I didn't even notice the initials until I took a close-up picture, it blends in with the fancy etchings
The bag is fully lined, and lining is in very good condition, no rips or stains
Overall the bag is in excellent condition for its age 
Measures:  5-1/2" wide x 5" high (not including chain