Shriners ? Egyptian Pharaoh Celluloid Tassel Ring ? Scarf Ring ? Antique Accessories

Unusual and very old brown celluloid pharaoh scarf ring? I do not know if this is a Shriners piece or not? Perhaps a tassel ring for the fez? An Egyptian revival piece?

It appears to be hand made. Perhaps from an old button?

The back has a black paper backing, a brass ring and a sort of orange resin. the front measures 1" across. If you know what this piece is, please let me know!

I have not cleaned this piece, I will leave that up to the buyer.