This beautiful piece of history is stamped Germany on his right foot and U. S. ZONE on the left. This item comes from a non smoking home. This works. The key some times sticks if you wind it too far, but it's about 80 years old, so that can be expected.

Please see photos for condition. The only big flaw I noticed was where the key has scraped the paint over the years.

Other description  I found online:

Rare Vintage German Decorative Tin Circus

Elephant Toy with Spiraling Ball Mechanism

by JW Altes Nurnberger Blechspielzeug.

Quality German made, in US zone, wind up

(Mechanical) toy. Elephant spins a propeller

while the helix delivers balls that fall through

the hoop and reload. Brightly colored, 8"

long and 9.5" tall.

Comes with main unit and wind up key. No original balls, but some replacement balls are available online by different manufacturers

9.5" H x 8.75" W x 4" D.