This 1949 Peter Pan Peanut Butter premium is the largest of all metal premium rings. Brass base shows his horse and plane while top has large black rectangular compartment with the ring’s name on one side. Each side has a slot so that when the ring top is moved up and down, a clicking sound is produced which is properly working. Also, after exposure to light, glow-in-dark material revealed in the slots glows in the dark to be used for sending signals. Telescope tube has one narrow gray mark but all other metal finishes are Mint. Comes with 4x6.25” paper instruction sheet, actually rarer than the ring itself. This has light age and original folds. Also includes Peter Pan recipe folder and VF original box. Rarely offered 100% complete and with inserts still capable of glowing.