Three of these interesting items were offered recently. Rather than Dennison producing these “Midnight Revelers” puzzles, I think it more likely Dennison licensed several examples of their diecut artwork to what is now an unknown firm. Dennison was arguably the most diligent of paper manufacturers at this time in marking their products and packaging. Although the contents of the envelope are marked, the envelope itself is strangely silent as to the manufacturer. I think the market recognized this at least subconsciously as the ending prices for the four on auction weren’t electrifying.
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Mark B. Ledenbach's vintage Halloween collectibles blog.