It's a battery operated chomper (made in Taiwan), just put the coin in its mouth and Audrey II gulps it down, making a startling electro buzzing sound in the process. I still haven't figured out how it really works, but it looks cool and is a good containment unit for the kid to put his coinage in. The clever box art below is loads of fun too with illustrations that seem more 70's than '86 to me... I scanned all sides of the packaging including the lid.
Little Xmas of Horrors (2011)