This is a 1981 Sebastian Collector's Society miniature figurine.
The hand-crafted and hand-painted figurine is titled "Prescott W. Baston a Self-Portrait", featuring Prescott sitting in a chair with his feet up on a stool holding one of his figurines.
It measures about 4" tall, and 6" long, and 3.5" wide.
This piece is in good pre-owned condition.