Lone Ranger rides Silver on this child's tie rack. The pressed wood back measures 12 inches long, 6 inches tall, and 1/4 inch thick. The tie rack is one inch deep. The shape appears to be cutout on a jigsaw. There are some fine age lines in the wood and wear on the top corners. There is normal use wear in the holes in the top corners from having been hung. The rack is held on with pins and there is a sliver of wood missing by one. At the other pin there is an inch crack which does not show on the front. The back has some small white paint splatters and a pencil notation. A quick google search found three other examples of this tie rack showing it to be mass produced and not homemade.
1940 Era wooden child's tie rack featuring the lone ranger on silver