This vintage  is Papa Bearinger, he's #1 in  series from 1993. He's a handsome, tan-colored bear and is wearing blue pants, a white dress shirt, a burgundy vest, and a green bow tie. He's holding a hammer in one hand so he can hang a stocking on the mantel.

There were four ornaments in The Bearingers of Victoria Circle series - Papa Bearinger, , and their two children, son and daughter . There was a shaped like a fireplace with raised pegs on it and each ornament had an indented shape on the bottom so it could fit on the pegs.

Papa Bearinger has a rectangular indentation on the base, as shown in the last photo. When displayed with the tabletop set, his raised foot rests on the base of the fireplace. He also has a hook on top of his head so he can hang on the tree instead.

The bottom of the ornament is marked "1993 Hallmark Cards, Inc."

Measurements:

Height: 2 1/2 in. (6.4 cm)