Franz Detleff Goebel and his son William founded the F & W Goebel Company in 1871, located in Rodental, Germany. This lovely porcelain figurine is a Penquin, decorated in naturalistic shades black, gray, tan and white. The figurine has a glossy finish and is very life-like in appearance. The figurine measures 2 5/8" in height. Original foil label with the TMK-5 mark, circa 1972 - 1979, "V" with bee & "Goebel - W. Germany". There are no cracks, chips or repairs.