Beistle issued three iterations of this Party Set in 1923. The most common takes the form of a booklet, less common is the enveloped set, like the one this seller has listed, and the least common is the boxed set. All are desirable, especially with complete, mint contents. I feel this set is an iconic "must have" if one collects Beistle from this era - as it is representative of their fairy mania phase that lasted only a single season.
Mark B. Ledenbach's vintage Halloween collectibles blog.