Watch fob was issued in 1935 or 1940 during Emperor Puyi visit to Japan.
Obverse
Orchid flower - Imperial Seal of the Emperor of Manchukuo
大滿洲帝國 - Dà Mǎnzhōu Dìguó /Great Manchurian Empire/
御警衛 - Emperor Guard/Escort
reverse
Firefighting unit emblem
御下賜金記念 - Imperial Grant/Donation /most likely made during a visit to Shinto Shrine/ Commemorative
熱海消防組 - Atami /city located in Shizuoka Prefecture, Japan/ Firefighting Unit
Marked 純銀 - pure silver.
Obverse
Orchid flower - Imperial Seal of the Emperor of Manchukuo
大滿洲帝國 - Dà Mǎnzhōu Dìguó /Great Manchurian Empire/
御警衛 - Emperor Guard/Escort
reverse
Firefighting unit emblem
御下賜金記念 - Imperial Grant/Donation /most likely made during a visit to Shinto Shrine/ Commemorative
熱海消防組 - Atami /city located in Shizuoka Prefecture, Japan/ Firefighting Unit
Marked 純銀 - pure silver.