Schuco company is known for making metal toys, and it looks like they also dabbled in to yo-yos and hybrid yo-yo tops. This is a yo-yo top combination, made with a tin lithograph design and a simple spring as a top tip.
This picture was sent to us by our good friend Jim Wright. A great find. We would like to acquire one for the museum, and would like to more about this unusual yoyo. If you know more, please email the museum and share.