The workmanship of this container is so poor that I feel this is something made in Japan not Germany. The hands, rather than being composition, are merely clumps of spun cotton. The drab swaddling of crepe paper throughout also denotes a lack of finishing skill so unlike most German-made items. Being an item made in Japan, the overall value doesn't approach this seller's opening price of $300.
04/16 Update: The market is typically uninterested in such items, shown by the seller has relisted this with an opening price of $150 or a BIN of $200. I feel fair market value is $80.