This amazing pin was designed by Elliot Handler for the company Elzac. Elliot was issued the patent [135,101] for this pin and similar ones in 1943. This exact pin can be seen in the book A Tribute to America, Costume Jewelry 1935 - 1950by Carla and Roberto Brunialti on page 199. An advertisement in Womans Wear Daily in 1945 dubbed this pin of Bonnet Head. I have seen several variations of this piece. The one here is of clear Lucite and copper. Another on this site has red Lucite and I have seen a blue tipped Lucite version as well. Most Elzac pieces were not signed.
Condition: Excellent vintage. Normal and expected wear noted. Copper has been left unpolished. Measurements: 2 1/2" wide and 3" long.