Knitting Granny with Spectacles - Victorian? What is Missing?

Picked up this little seated grandma figurine last week and realized that she must have had a needle in one hand but what was in her other hand? Each hand has a hole to hold something. The chair is made of wood and has an uncomfortable original nail that she sits on. The chair has a gold crushed velvet cover. There is a mark in gold under her skirt but I can’t make it out. The figurine and chair measures 4 1/2” tall by 2” across. Where and when was she made, and what is supposed to be in her hands. You don’t usually see figurines with tiny metal spectacles.