The image of the squirrel with grapes is a very recurring theme in Chinese art starting from the Tang era and refers to the chengyu ( chéngyǔ 成语 are idioms of the Chinese language typically formed by four characters): 松鼠 葡萄 Sōngshǔ pútao, literally “squirrels and grapes”. The meaning can be metaphorically translated as “abundance in luck and offspring”.
If the jade medallion is itself a wonderful example of early 20th century Chinese art and craftsmanship, the silver filigree depicting flowers, leaves and spiral decorations is equally extraordinary.
The bracelet, complete with its safety chain, has the hallmark “SILVER” on the locking tongue of the clasp.
China, 1920s-1930s (created for for export abroad, especially to England, or for trade within foreign concessions in China).