1.25" w/Baltimore Badge paper missing a .25"circle from center right- still over 90% intact. Along the reverse collet from 7-11 o'clock, a thin line of the paper and celluloid did not fold correctly below the collet and thus lay upon the collet- smoothly and with no bumps and invisible from the front. Button features close-up of Santa's face. He is in fur trimmed hat with what seem to be bricks or a roof at left and at right evidence of a toy pack with sled runners or ski tips showing. Exc. Rare. Bob Westerman Collection.