Very interesting Paolo. I would say the mounts were more steel or aluminum and not silver (though only a jeweler's test can tell for sure) since silver does not pit like this. STill looks Katipunan (Luzon Island) and a higher ranking person. The fist was one of the signs of the Katipunan groups and it was actually a fist holding the scalp or severed head of a Spaniard. Not seen one with hair before, but a first for everything. Could you show pictures of the brass inlay? Very nice.