Mystery Enamel ROJ-48 Anchor Shield ? Sterling Pendant

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Mystery Enamel ROJ-48 Anchor Shield ? Sterling Pendant I have no clue as to what this pendant is all about, but I do know that it is really very beautiful with exquisite enameling, very well made and in excellent used condition. It reads on both sides ROJ 48 around the edges separated by enameling and in the center t is a shield with an anchor and a question mark symbol. It is hallmarked Ster. on the edge at the bottom and measures 1 1/4" in diameter. Truly a mystery.