Genshin Impact Xiao character pinback button (unauthenticated)

This item is a circular pinback button featuring a printed graphic of the character Xiao from the popular video game Genshin Impact. The physical piece appears to be made of standard promotional merchandise materials, consisting of a printed paper face with a glossy protective plastic laminate film overlay, wrapped over a metal shell with a pin closure on the reverse side. The surface shows a visible lenticular or textured dot-matrix pattern typical of certain types of printed promotional badges. The artwork depicts the character with dark blue hair, golden-amber eyes, a light-colored top with dark straps, a green tattoo on the right arm, and holding a dark mask against a patterned blue and white background featuring traditional lantern motifs. There are no visible manufacturer logos, copyright symbols, or specific maker's marks legible on the front surface shown in the photograph. The identification is based purely on the visual recognition of the fictional character design and style, and the item remains unauthenticated as to its official licensing origin. The overall condition appears clean with minor handling wear consistent with modern mass-produced fandom merchandise.

Based on what I can see in the photograph, this item appears to be a circular pinback button featuring the character Xiao from Genshin Impact, constructed with a metal shell and a glossy protective plastic laminate film overlay displaying a dot-matrix print pattern. I can't verify from a photo whether this piece is officially licensed merchandise, an independent fan-made creation, or an unofficial reproduction, as no manufacturer logos or copyright symbols are clearly legible. Based on the assumption that this functions as standard modern fandom merchandise, typical market behavior for items of this type suggests a modest retail or secondary value range of $5 to $15, driven primarily by character popularity rather than scarcity or material worth. Condition appears clean with minor handling wear, which is typical for mass-produced promotional badges. If physical inspection were to reveal this as an unofficial replica, fan-made copy, or mass-produced bootleg rather than licensed merchandise, the value would likely drop to the lower end of the range or represent nominal novelty value. To properly evaluate and potential attribute or authenticate this piece, one would need physical inspection to examine printing quality, backing hardware specifics, and any subtle maker markings, alongside potential provenance documentation or comparison with known licensed releases.