Need help identifying Italian Silver


I need help identifying an old piece of silver item, could be a pendant or a medallion. Would appreciate any thoughts on the age and worth.

I believe this item isn’t silver. It’s only made in Italy.

Any idea what this item is?

Part of a pendant or a necklace, but certainly cheap jewelry. As for value, it’s literally worth nothing unless it’s silver, but from the looks of it and the marking it’s definitely not silver, I’m 99% sure.

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