This has long been one of my favorite tambourines in that I love the apparent wickedness of the cats. This particular tam seems to be in eminently collectible condition. I only wish the seller wouldn't start the "auction" at a price that very nearly fully values it. Where's the fun in that? This tambourine was made by Chein in the 1920s and is shown on page 191.
Mark B. Ledenbach's vintage Halloween collectibles blog.