Netsuke - Boxwood - Coiled dragon with inlaid eyes, signed Masatsugu - Japan - Shōwa period (1926-1989) A Japanese boxwood netsuke of a dragon coiled into a ring, signed Masatsugu (正次). The dragon's sinuous body curls around itself to form a compact circle, with the tip of its scaled tail spiraling in the openwork center. Its powerful clawed legs grip its own body, and the head rests at the base of the ring with the mouth open, showing carved teeth and fangs. The eyes are inlaid in dark material, giving the dragon a fierce, lively expression. The carving is finely detailed throughout, with overlapping scales covering the body, ridged spines along the back, and striated claws and whiskers. The openwork composition allows the design to be enjoyed from every angle. Two himotoshi (cord holes) on the underside. Signed "正次" (Masatsugu) in an oval reserve beside the himotoshi. The boxwood has a warm reddish-brown color with a soft polish. Condition: Good condition with minor wear consistent with age. Please examine all photos closely, as they are part of the description. Dimensions: H 5.5 x W 5 x D 2.5 cm