Update....It hasnt even been a year since I gave this to my daughter and the knobs have started falling off.  So far we have just been supergluing them back on.  Just frustrating since it wasnt cheap.
I got this as a graduation gift for my daughter.  It is beautiful and elegant.  But it is on the small side, the part for hanging necklaces really isnt that useful unless it is a very short necklace.  In my opinion it is expensive for the size.  If it wasnt for a special occasion I would not of spent that much.