It was manufactured by Erhard & Soehne, founded in 1844 and located in Schwaebisch Gmuend near Stuttgart, Germany. E & S specialised on fire gilded and silvered dollhouse accessories of highest quality. The company employed many thousands of well trained workers and exported large amounts of toys namely to England and the US until its close in the mid-1920s
Obviously the phonograph toy below was manufactured in the early 1900s. On the right side of a fire gilded and richly decorated base plate (2 x 3") is soldered a small crank driven musical mechanism housed in a gilded drum.
During winding a large gear is turned which engages in a small gear driving a threaded cylinder. A silvered soundbox connected with a small funnel follows the threads while some mechanical clink clank comes out of the drum.
In the following years phonographs and gramophones were often seen in dollhouses, but this must be the most luxurious model.