A traditional stud box, made of leather, and suitable for carrying cufflinks, studs, tie pins etc.
Leather hinged lid, with press stud fastening.
The shape is not the usual drum or horseshoe shape, but a smaller version of the Edwardian leather cases used for clothes brushes,
with the main strip of leather wrapped around the box, forming front, base, back and lid.
The sides are made of separate pieces of leather, and reinforced on the inside.
It fastens with a patent press stud (snap fastener), as shown.
I would think this item probably dates from the 1920s or perhaps a little earlier.
It has clearly been used over the years, and it should last a good while yet.
Plenty of room inside, for your studs and cufflinks, as you can see from the pictures.
Good condition, but this is a very old leather travel case, which has seen good service, and it certainly doesn't look "brand new".
Some scuffs and marks from normal use, and creases in the leather, but the stitching is intact, and the fastener still works.
Please see the photographs.