This does not hold pins. This I.D. Lanyard was released to celebrate the grand opening of the Disneyland Finding Nemo Submarine Voyage attraction.
Front reads:
"Disney Pixar Finding Nemo Submarine Voyage".
There is a pin on pin part is a little yellow submarine.
The back reads:
Walt Disney Imagineering
Imagineer Exclusive
Grand Opening 2007
Limited Edition 300
@Disney/Pixar