This seller is offering this pan noisemaker for $550. Although it is an early form, the price is about $350 too high. Chein used this same lithography on a more commonly seen tambourine. These large form factor pan noisemakers were produced during the very early 1920s, even though the patent date is 1906. It is quite nice but priced too high.
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Mark B. Ledenbach's vintage Halloween collectibles blog.
