Yellow felt donkey with dark brown accents is 2.75x3”. There is no fastener or glue on the reverse so we’re not sure how the piece was used. Glued to the front center of the donkey is a 3/16” thick circle of dark brown Bakelite 1-1/8” in dia. At the center of this is a silver luster rim holding celluloid over a rarely-seen real photo of FDR smiling. Silvered ring has some luster loss from 30% but all else displays like new. 1936. Rare.