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It is an ARTID button. Here is a link to a National Button Society page that describes them and tells their history. http://nationalbuttonsociety.org/Button_Facts.html Also if you Google ARTID but...
First is a picture button, not sure if it is story or theater related. I am still pretty new to button collecting myself. It is possibly Victorian but can't be sure. Second is a Great Seal of US butto...
Lots of information on line teaching you how to display buttons safely. As far as valuation, I research mine online at ebay, etc. to find the going rate.
Looks like extruded celluloid to me. The fact that it was packaged separately supports it being celluloid as well. Celluloid degrades easily and during that process can damage other buttons near or in...