Hand-painted Tall Wooden Clown with Removeable Head (Candy Container?)

This one is similar in manner to a pin from an old skittles set, but is taller than that, and the head comes off, so I'm guessing it originally held candy. I really love the hand-painted face with orange cheeks and great black ruffle on the white collar, and how her much elongated lower body (I'm not sure why but this clown seems female to me) makes her feel quite regal and commanding!

9 1/4" t x 1 5/16" in diameter. Lots of paint loss on the lower half as obvious but the important bits remain and it's in good structural condition, standing straight and sturdy. 1920s or so I might guess.