An odd little artifact picked up for two dollars at a yard sale.
It is made of aluminum. It looks to be a pendant of some sort, perhaps the plain silver hanger had ornamentation on it. Maybe it was something like a medal that clipped on a lapel?
It is designed to be easily flipped back and forth. Maybe that would come in handy at parties.
As to date there are no clues. It is a cheap little thing, probably a locally made novelty product. Since it is rather worn, and the elephant looks happier than the donkey we can assume it is not from the current electoral cycle.