I wasn't really looking to sell it. I just found it really odd that I couldn't find any on Ebay, Google, or any other web site. I did see a youtube video of that "Moonies" figure though.

What you have here is knock-off version of the "Moonies" novelty figure.  Moonies were pretty popular when they came out in the late 80's~early 90's. There were several different knock-off versions made at that time. If you're thinking about selling it, I'm sorry to say that you won't get very much out of it. Maybe $5 at best on eBay.

I have a slightly different version of this called a "FlashBackster"

My grandma is the only person whom I've every known to own one of these

Does anyone have any information about this toy? I bought it at a car show years ago and can't find anything with a Google search.