This is a Very Small Micro Machine Ferrari 308 in Red. It is made of plastic and is a highly detailed, Note the tail lights. It is about 1/4 inches long. I bought this as part of a job lot and it is in good condition, but shows play wear. The coin in the picture is a Dime to show just how small this item is.
I will gladly combine these small items to save on the shipping. Each additional Micro Machine item would be just $.25 for shipping.