This 1938 brass ring with adjustable bands came from radio program sponsor Pepsodent in 1938. Top has very high relief leopard head and the ring bands have geometric designs with a small triangular cut-out on each side where they meet the top. Ring originally had thin layer of silver luster but this is 75% gone as occurs on nearly all examples. About our sixth example and we've only seen one that still had most silvering intact. VF. See 1933/39 World's Fair buttons #662-663.