Large round charm.  Made and signed by TIFFANY & CO.  Radiating line cut background.  In the center is an applied Christmas Tree.  Set with seven faceted gemstones that signify "DEAREST" -- Diamond, Emerald, Amethyst, Ruby, Emerald, Sapphire, Tourmaline.  14K yellow gold.  1 1/8" in diameter.  A beautiful charm. Circa 1940.