The Wolf In Psychiatrist Clothing

I grabbed this at a flea market this past weekend for a dollar. Too much, I know, for such a scuffed button; but I had to have it because I have a few items which play upon and exploit the fear of psychiatry, but none so succinctly. (And I did talk him down from $2.)

I'm A Psychiatrist
Lie Down

Approximately 3 inches in diameter.