This is a very colorful and fun vintage crib toy by The Alan Toy Co. I believe it was made in the 1940's to 50's. It measures 8.25" tall overall. The top ball has an elastic cord attached so that when the baby pulls on the clown riding the elephant, it will bounce back. There are two jingle bells just above the clowns head.
I am sure it was played with, but it is still in very good condition, NO BEAKS, MENDS OR REPAIRS. The rubber suction cup is getting a little hard.