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.
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Mark B. Ledenbach's vintage Halloween collectibles blog.