The above little toy chair is a good example of someone's handiwork. It is only five inches tall. I would imagine, if I may, that it was made by an older male, probably a father for his sweet girl child. And may I also assume that is was a present, perhaps in the 1930s, when money was tight.
Given my assumptions I continue with the idea that he painted the chair with some leftover paint that he found around the house to make sure it was real pretty.
And lastly, I presume that the young girl played with it for several years wearing the paint off in all the spots her little hands constantly touched.