This is a 1949 Sebastian miniature figurine.
The hand-crafted and hand-painted figurine is titled "Hey Diddle Diddle, The Cat, And The Fiddle", featuring a brown cow jumping over the moon, the dish running away with the spoon, a black cat playing a fiddle, and the brown dog
It measures about 3.25" tall, and 2.25" long, and 2.25" wide.
This piece is in good pre-owned condition.