The Queen raises the magic potion goblet while the Witch is surrounded by the mini-globes, each featuring an iconic symbol from the film: the raven upon the skull, spellbook, poison apple, heart box, and the face from the Magic Mirror.
A switch on the bottom base turns on a light in each of the globes to create an eerie glow.
The figurine was pictured (flopped) in the 2003 Disney Catalog Halloween edition. Original retail price $128.
Catalog Scan courtesy of Dan Alexander Dizmentia