Vintage Christmas knee hugger on train

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Vintage tagged Made in Japan knee hugger decoration. Never seen this design before where the cute little elf is attached atop a flat cardboard train with shiny silver fabric and trim details. More shiny in person. 6 inch tall with elf. Some yellowing, aged glue, fraying along edges and board slightly bent. *Please note photos. See my holiday shop section for more elves!

Size approx:
5.25 in long
6 in tall including elf