Chip and Dale stand behind a large red "LAUGHS" as if it were a picket fence. They are indeed laughing as though sharing a joke. Behind them is the Toon town Trolley and the green "hills" of Toon town surmounted by a smiling sun face.
These pins were given to guests checking into one of the Disneyland hotels or from treasure chests found at pin carts in the parks. There are twelve in the series.
Irregular shape, no frame