Hello, this item is a carved pendant depicting a seated Buddha or Guanyin-type figure, likely produced in China during the mid to late 20th century. The material shows a translucent pale green to bluish-green coloration commonly associated with jadeite imitation stone, dyed quartz, aventurine, or low-grade treated jade rather than high-quality natural jadeite jade. The carving style is relatively simple and commercial in execution, with soft detailing and symmetrical shaping intended for the decorative jewelry market. The metal bail appears to be a base metal rather than precious silver or gold. While the pendant follows traditional East Asian religious iconography associated with protection and good fortune, it does not display the fine translucency, texture, or craftsmanship expected of higher-grade jade carvings.

Condition appears generally stable with visible surface scratches, internal inclusions, and minor wear around the drilled suspension area, all consistent with regular handling and age. The pendant retains decorative appeal and cultural interest, particularly as a vintage Asian jewelry item, though it would not be considered a high-value jade carving in the current market. Based on comparable sales for similar decorative carved pendants, the fair market value would likely range between $40 and $120 USD.