Vintage SCHMID Teddy Bear Ornament

Delightful vintage Schmid teddy bear Christmas tree ornament. Styled like a Jack-in-the-box with a teddy bear popping up from the open lid. Highly detailed, Teddy has a red “spring” body and wears a large white ruffled collar at his neck. The box has a large letter “B” on the front and a bear on the side. SO CUTE! Back is marked “Gordon Fraser, 1983” and “Schmid.” There’s also a “Made in Japan” sticker affixed. Excellent condition.