This ring is closely related to the lighted face Howdy Doody (see previous item) premium ring from Palmolive issued circa 1950 but for some reason immensely rarer than the Howdy version with under five examples known of Clarabell. In addition, the applied paint used to transform the head from the Howdy look into the Clarabell look easily chipped away with any use at all and this is the one example we know of with NM paint. From a construction viewpoint, this ring is identical to Howdy except on Clarabell’s head is mounted a small brass hat fully .25” tall. The ring base, as on Howdy, shows two images of Clarabell with his elaborate collar and a brass loop to hold a battery with maker’s name of “Brownie Mfg. Co.” along with “Pat. No. 2, 516, 180.” This patent for “Finger Ring With Flashlight Adjustment” was filed in 1948 and granted July 25, 1950 to Meyer M. Brown (we presume the owner of Brownie Mfg. Co) The ring comes with a battery and Clarabell’s face will light up or can be made to blink on and off by moving the contact wire on and off of the battery terminal. The ring base has clean brass luster. One of the Holy Grails of premium ring collecting and best condition example we’ve seen of four or five known. The Hake Pop Culture Memorabilia guide lists the NM value of $3300 which we feel is actually conservative given this ring’s rarity, particularly so in this condition. Only the third example we’ve been able to offer in five decades.