Found...

My latest vintage find, Isn't it pretty? Painted porcelain... but what is it? I wasn't sure but I knew I had to have it. 

Turns out its a lipstick holder...but all of my lipsticks are shaped like this...

It even opens up and there's a mirror inside...

If you know me and my love for BIG, fun, rings then this won't surprise you...

and this is how I am enjoying my new found treasure :)