This is a Tibetan Buddhist talisman decorated with clouds, dragons and the Eight Auspicious Symbols. Inside the talisman people usually put small Buhdda statues, scripts, hair of an incarnate Lama. These contents are partially visible throught the small window.With buckles on both sides, people can wear it around their neck. Tibetants consider talismans like this ones are carried for protection and good luck, but they are also beautiful pieces of jewelry.