This is a saterical key tag against Stalin. Stalin died in 1953 so this tag is probably from early 50’s or earlier. The tag is in English so it is from the United Kingdom or the United States. The US produced more similair items like this so it is probably from the US.
There is also a green and white edition of this key tag. They are new and unused.

USA Various Key Tag Yellow

SKU: UV003
€ 3,00Price