This Jester's Scepter reminds me a lot of a Marotte with his jingle bells hanging off his cloth collar. His face looks to me like celluloid but I am not 100% sure. He is on a wooden stick handle with a cord at the bottom.
Not the type of item I've ever had before but I think it's really neat. Maybe you know more about him?
Condition: Good overall, orange fabric exhibits some fading and one bell is missing off his collar.
Vintage Jester's Scepter, Clown, Marotte