These are the two sizes of Donald figures produced by Fun-E-Flex in the 1930s.
Both have wood bodies with poseable arms. Smaller is 3.25" tall and larger is 5" tall. Both have similar look but with distinct differences including totally different bills, hands and tails. Smaller has matte finish while larger is glossy. Both have name decal on bodies and each have some small flakes but remain largely complete. Each shows light wear, VF. Both are rare and we have only offered a few of each in our 45 years. A rare opportunity to obtain both at one time.