This is a Sterling Corocraft with pegasus marking piece.  It was Coro's highest priced line.  Featuring beautiful enameling and gold plating over solid sterling silver, simulated big emerald eyes and faux diamond accents.   Produced in 1944 with Adolph Katz as designer.  This owl was a fur dress pin, can be used on any medium or heavier weight fabric.  It is in excellent condition and has no missing stones.  Measures approximately 1" wide by 1 3/4" long.