This rare German crank noisemaker is one I’ve not seen before. It was almost certainly produced sometime from 1930-1935 for export. The DRGM mark was used through 1949 but the Germans pivoted from using metal for these export items around 1935 to accommodate their expansionist policies that resulted in WWII. The ending price is fully justified. Very nice item, indeed!
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Mark B. Ledenbach's vintage Halloween collectibles blog.