This item is a vintage "Rock and Roll Penguin" tin litho wind-up toy, produced in China during the 1980s.
Material: Lithographed tin metal.
Features: Includes a wind-up mechanism with a key to activate waddling movement.
Condition: original box, labeled simply as "PENGUIN WIND-UP".
Value: Often marketed to collectors of vintage wind-up toys rather than for children.
This product is new with key still in wrapper. It has not been tested.