This is a resin ornament from The Disney Store, released in 2013.
It features Tigger giving Eeyore a big hug while standing on a mound of green grass, and has a red ribbon for hanging. Don’t be fooled by Eeyore’s smiling face – that hug from Tigger appears to be strangling Eeyore around the neck. It has a gold medallion on the hanging hook stamped with both “The Disney Store” as well as “2013”.
In Fall 2014, The Disney Store rebranded the hanging tag for this same ornament from a generic red Disney Christmas design to a white specialty hangtag indicating that this ornament is from the “Sketchbook Ornament Collection”
The bottom of the ornament includes the following product ID number with the standard Disney/aa milne copyright notice: V305-6901-3-13128. It originally sold at The Disney Store for $12.95