This is a multi-strand gemstone chip necklace featuring tumbled white or rainbow moonstone chips and a silver-tone toggle clasp.

This multi-strand moonstone chip necklace is valued between $15 and $45, depending on the materials used in the clasp and the specific type of moonstone.

The overall value depends on several key features:

• Clasp Material: If the toggle clasp and findings are made of 925 sterling silver, the value will sit on the higher end of the range ($30 to $45). If they are silver-plated or made from a base metal, the value is closer to $15 to $20.

• Stone Quality: If the stones are rainbow moonstone and display a noticeable blue or iridescent sheen (known as adularescence) under the light, they command a slightly higher price than plain white or cloudy moonstone chips.

• Strand Count: Multi-strand variations naturally hold more value than single strands due to the volume of gemstones used. Similar vintage multi-strand semi-precious chip necklaces routinely sell on platforms like eBay and Etsy within this modest price bracket