Georg Jensen Sterling Bucket Pail #420

Hi! A friend of mine picked this up at a local Yard Sale last year for $1 and I bought it from him for the silver value ($240.00) without realizing it was made by Georg Jensen until examining it closer at a later time. I was able to research when it was made, prior to 1935, I believe, it stands about 4" high not includung the handle and weighs a little over 9 Troy Ounces and is numbered 420, but I can't find anything regarding it's design or it's usage, whether it originally had a lid or not, etc..?? Any info regarding this piece would be greatly appreciated, but even if I can't find out anything else about it, it still looks nice in my China Cabinet! Thanks for looking!! MarbleMike