Spanish Cheshire Cat Figure

Next in the What Are They and Where Do They Come From series is this Chesire Cat, from the same unknown Spanish set as yesterday's King of Hearts figure.

As with the King, his name is incised on the back, Gato de los Deseos, which seems to translate to 'cat of desires'...sounds pretty kinky to me.

If anyone out there has information on this set or manufacturer, I would love to hear from you!

UPDATE: This company has now been identified as Palés, and they are from 1969-1984.

UPDATE 2:  Reader Oli has sent this photo of a color variant in his collection.  Thanks Oli!