It is great to see a healthy selection of nicer items on eBay. This is a desirable tin litho noisemaker, made by Kirchhof during the 1930s. It is one of a set of two designs. Both can be seen on page 204. Both are exceedingly rare, with this one just a tad more commonly seen. The design is sometimes found in ratchet form, too. For some reason, the condition of the noisemakers with this lithography is typically poorer than with others. Overall, this example is in the upper third relative to condition.
09/22: Update: This sold for $283, slightly below what I would have expected at any other time of the year.