I'm completely in love with this curious little hand-embroidered character in a traditional costume that I'd guess is Eastern European, perhaps Ukranian. Between those bright eyes with star-like black lashes and these fantastic ballooning pants...what a pure embodiment of sweetness! I'd guess this piece dates to the 1940s or so and perhaps was made to sew onto something else. Iit has been loosely sewn onto a thin cardboard cutout backing, which has kept it perfectly flat and crisp over the years, and which makes a handy backing for either framing it or simply hanging it directly on the wall. Certainly a very charming little protective spirit to have watching over one! 

6" tall x 5 3/8" at widest and in excellent vintage condition.