Identification Help Needed Please

I found this in a box of miscellaneous Studebaker parts. I have researched this piece and have not had any lucky finding out what it is. I am not sure if it is a hood ornament or an ornament located on another area of the vehicle. I have even tried searching other makes but no luck. The measurements are 4" high and 4 1/4" wide and is made out of a heavy metal. Any help would be greatly appreciated.