This odd 1950s Japan chenille Christmas ornament appears to be a pair of angels holding a beaded gold cross mounted on a chenille star. The angels actually look more like little bees, but you can be the judge. They're about 2 inches high, the bead cross is about 2-1/2" high.
Found with the cross ornament was the little clay face chenille Santa Claus ornament, 2-3/4" high. Both ornaments are in good condition.