This is a cardboard (fairly large) decoration for a store. It's meant to be hung up over the Sega area, or possibly placed in a window. (you can see the hanger hole at the top of Sonic's spike there) It's a nice early one, with well done shading and a simple/clean look. The die-cut edges add interest and the Sega logo appears small at the bottom. It's also nice because it features cute, properly colored Tails. (Other things in this era had ugly/miscolored Tails graphics) It's also a somewhat unusual pose for him...but he has eyebrows. This was given out by Sega to stores that requested advertising type materials. This came from a small neighborhood video game shop (not a large chain, mom/pop style) when it went out of business.