This figural plastic ring is one of the largest ever made and measures 2” tall. Ring is named “Living Toy Ring” as when a magnet, which is designed with a plastic wrapper to make it look like a “Kellogg’s Pep” cereal box, is moved close to the beak the head will turn in various directions and Donald opens and closes his beak. Magnet and wrapper are in nice clean condition although on one side the two corners are a hair less than perfectly square as they are wrapped around the metal magnet which has less than perfectly square corners. Overall VF and seldom found complete with the magnet which is at least ten times scarcer than the ring. The 4.5” folder has small creases, small tears repaired by archival tape and 15% surface paper loss on the reverse order blank due to some removal of old tape. Folder remains in good condition. Ring is NM.