Thank you for submitting your item for appraisal. This appears to be a vintage novelty snuff bottle in the shape of a teapot, blue and white porcelain, porcelain stopper, encased in silver with dragon an phoenix ornaments, with a silver hallmark at the base "足銀" which means pure or sycee silver, approximately 900/1000 purity silver. The estimate is based on similar items offered or sold at auction.