I can't tell you how old this fellow is, but I can tell you that he is older than seventy.  This was a fixture of my childhood, and I know it belonged to my mother prior to my birth (I'm 68).   Elephant has aged well, with the exception of his paint--looks to have been silvery grey, which is now quite patchy.  The rust is superficial and could easily be cleaned up without any damage to him, but I have left him "as is" for his original integrity.  The bolt holding the screw probably could use some WD40, but overall I'd say he's aging better than I am.  A close up is included to show the detail of his head, eyes, etc.