A Moritz Pappe (1928) Bear Cub
This is a lovely 1920s Moritz Pappe Bear Cub. Baby Bar. He has a plush coat, lovely painted glass eyes and a pointed nose. He has velveteen pads. You can see a photo of one very similar in the "German Teddy Bear Encyclopedia" by Jurgen & Marianne Cieslik page 164/5, photo 628/9.