Hi folks,
It is probably a
bell.
But there is a possibility that it could be something else. For example, it may be some sort of vessel, a vessel that holds something. As an analogy, think about how a Saint
Bernard dog is sometimes depicted wearing a barrel (containing liquor) hanging from its collar.
The
Romans were known for tying small bells to their pets' collars. In fact, I have one. So, it wouldn't be a stretch to have a somewhat larger
bell hanging from an elephant's neck.
In modern times, cows often wear bells.
Meepzorp