I'm confused. Is this item gold or silver? Likewise, I am loathe to disagree with Bahner, but I think this is the mark for items of .916 silver weighing less than 10 grams and made in the USSR from 1927-1958; see
this thread. Can't make out the assay office mark, though; it should be a Greek letter behind the head.
The 1922 Latvian mark was left-profile, not right, faced upwards, and was not in a stepped outline:

It could still actually be Latvian, which did use this mark from 1946 when it was re-annexed into the USSR; the assay office mark was the Greek letter tau (which before 1946 had been the mark of the Kostroma office in the Russian Soviet Federated Socialist Republic.)
Is there a maker's mark? And what is the mark on?
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