Ooh-la-la. Vintage 1950s advertising flong features a well-built woman in a burlesque-style outfit, star-studded tights, and high heels, tipping a patriotic looking hat.
Marked MB136-7/54, which may refer to July 1954?
Measures approx. 7.75 x 3”
Good condition with some damage to border (from the original cut?), not impinging on image, some light marks to back