It is a rush to see such a high quality item on a forum that has fallen so far since its heyday. This confection was made sometime between 1910-1914. The measurements the seller has provided would indicate this is larger than others I’ve seen. The condition is nice, but nowhere near perfect. Given what the seller is asking, I would have hoped the condition would have been far better.
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Mark B. Ledenbach's vintage Halloween collectibles blog.
Old Rare 1920s German Pumpkin Face Cdbd Suitcase Squeaker w/ Candy Container
I think this is an item made in Japan during the 1920s as an homage to the first-rate German pieces with a similar look made from ~1916-1921. The German pieces have eyes that lean toward each other rather than away as with the piece up for auction. None of the German items from this set have crepe paper sides. (Most Japanese candy containers liberally use crepe paper.) Its value is about half of what a German-made item would bring. I would opine that at its current price, it is already fully valued, if not more so.
02/08 Update: This sold for $316.