This is a lapel or hat pin made by the Jayne Co. of Santa Monica, CA. It is an engraved enamel version of a vintage 1981 stamp issued by the United States Postal Service. The pin is 1 1/2" x 1." It is in excellent condition. The pin is orange with a beige teddy bear sitting on a green sleigh with a Christmas present. The stamp reads "Season's Greetings USA 1981." Please see my other items for a few more of these fun stamp pins. MBR.
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Happy New Year! Best Wishes for a happy, healthy, and prosperous 2017.