The Ivory (preban) rose sits on petals of 12 K gold which I believe to be gold filled.  The ivory rose has two petals that have a  discoloration which can be seen without a magnifier.  Under magnification the signature is nearly visible.  It appears to be 2 C's, but not in the configuration you would see Coco Chanel.  It is just CC in a circle.  I believe Chanel used this hallmark back in the day, but since I do not know the origin of this pin I cannot positively say it is Chanel.  The clasp works well.

The merchandise has been in a smoke free environment.  Reference #jlp-16.

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