Scrap tin litho products were items made at the end of a shift so as not to waste material with whatever was left over. Typically, these not-quite-right items were sold to employees, or given away. That is what this tin litho tam is, a scrap product, far out of alignment. Some scrap products are interesting, this is jarring.
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Mark B. Ledenbach's vintage Halloween collectibles blog.
Vintage Tin Metal Noise Maker Toy.....'Witch & Pumpkin'
I think this was a bargain for $12.72. As I write about such items in my third edition: "These scrap items were typically made at the end of a shift using whatever could be salvaged from the leftover tin litho. They were then sold as irregulars, garnering at least a little money for the manufacturer from what otherwise would have simply gone to waste."