The Schuco toy company of Germany created a line of miniature and novelty teddy bears that mirrored these social trends and are now highly sought. These bears were dyed in unusually bright colors, small enough to tuck into a little beaded handbag, and sometimes had hidden novelty features including flasks and compacts. They were charming accessories for flappers of the period to use when touching up their makeup, freshening their perfume, or topping off their alcohol buzz.
Considering that they usually held lipstick, powder, and liquids like perfume or gin, these novelty bears are rarely found today, and when discovered are usually in poor condition. They're fabulous nonetheless.
Above is Schuco's famous compact bear (the pink bear on the left) along with her lavender companion. Both are about 3.5 inches tall. The pink bear has a secret: when her head is removed her torso can be gently opened to reveal a tiny compact inside, complete with lipstick tube, mirror, powder, and puff. This one still has powder after all these years.
The lavender bear is a lovely shade and still in good condition. Schuco made these bears in a variety of jewel toned colors including red, emerald green, and purple, and they are scarce and highly collectible today.