Modern sterling silver picture frame. Made by Graff, Washbourne & Dunn in New York, ca 1930. Rectangular window in plain and flat surround. With glass, silk lining, and velvet back and hinged easel support for portrait (vertical) display. Marked "Sterling" and maker's stamp.  

Dimensions: Frame: H 12 x W 8 1/2 in. Window: H 10 7/8 x W 7 1/2 in. #BY741