a napkin ring from the first Kiev Artel?



1st Jeweler and engraving Artel Kiev
1900-1910
as from 1905 a part of the Fabergé group
Famous engravings, chains, rings, bracelets, diamond-set articles, dinner service and tableware.
An experimental and artistic artel, which made great success. Traditional gold and silver smithing, jewellery, tableware etc. Gold objects in two colored gold, a Fabergé specialty.
Head work master V. Guljakov. First supplier to Fabergé.
Very famous artel.
Address: Kreshchatik 15 and 25.
I think it is a fake - what is your opinion?
Regards
Zolotnik