This is the 2015 Tigger Christmas Ornament from the Disney Store.
It features Tigger wearing a red and green striped scarf and a red Santa hat, holding a towering stack of three presents, all tied up with a bow. Tigger’s tail is adorned with a bell, tied to the tail with a green ribbon. The red hanging ribbon attached to the top of the ornament has a gold “2015” charm.
The official Disney marketing text describes the 4 1/2″ tall, hand-painted ornament with the following:
THAT’S A WRAP: Giving gifts is what Tiggers do best. Bearing an armful of Christmas presents, Tigger adds some bounce to the holidays with this detailed figural sketchbook ornament featuring him with his Santa hat and a jingle bell on his tail.
This ornament is part of the Disney Store Sketchbook Ornament Collection series, and originally sold for $12.95