KWO Kunstgewerbe-Werkstatten Olbernhau GmbH - E.M. Merck Collection.  Soldier with Sword.  Made in Olbernhau, Germany (in the Erzgebirge Mountains of Saxony near the Czech border).  Made in the 1990s.  Original box.  11” tall.  Slight damage to the nutcrackers hat - paint chipping... see pic.

With no paint chips, these sell for over $100.  So price has been lowered considerably.