This figurine is from the Cherished Teddies Holiday Dangling series. Nolan is a seated bear holding a dangling string of letter blocks that spell out "Noel". It is designed to sit on the edge of a shelf.

First issued in 1996, this figurine was suspended from production in 1997 and finally retired in 1999. It is subtitled "A String of Good Tidings" and comes in the original box with certificate of adoption.