Trifari Pin...help identify

can you tell me anything about this item? I don't need an appraisal, just any information about this. I inherited this from my aunt and would like to gift it to my daughter for her birthday next month. I would love to have some history about this pin to add. I've researched everywhere I can think of and haven't found one like this.
ANY information would be greatly appreciated!
Thank you!!
Christine