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The back hinge of the outer casing is broken (although the back casing stays on fine without it); the outer casing is marked for 'Lady Racine', 935 grade solid silver and bear hallmarks (Swiss?)., and both casings have hallmarks and 935 grade marks.
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.