Beistle produced this colorful lantern during the late 1920s. You’ll sometimes find these identical lanterns marked in such a way that you know they were produced in Germany - an artifact of a little understood arrangement that Beistle had with German manufacturers during the 1920s. This example has its oft-missing bottom, enabling the lantern to stay open and actually function as a lantern. It seems to be in beautiful condition.
Mark B. Ledenbach's vintage Halloween collectibles blog.