[MaggieL]

This was a kid's toy when I was young. Came in Remco's "Sneaky Pete's Magic Show"

Here's a video demoing it.

http://www.youtube.com/watch?v=-4MEvkR0sHw

[pohl]

I wonder if that is the genesis of the character named Stinky Pete in Toy Story 2.

[sanoli]

Velcro would work pretty good on that toy.