Red text over yellow background.
The Coca-Cola Company is an American multinational beverage corporation and manufacturer, retailer and marketer of nonalcoholic beverages. The company is most famous for its flagship product Coca-Cola which was invented in 1886 by pharmacist John Stith Pemberton.
This button was manufactured by the Parisian Novelty Company which was founded in Chicago, Illinois, in 1898. In 2008, the button portion of the Parisian Novelty Company was sold to the Matchless Group and renamed Matchless Parisian Novelty, Inc.
This button is a nail puzzle. This means that two of them can be interlocked. The object of the puzzle is to unlink the nails. The following link demonstrates the puzzle's solution: http://waynesword.palomar.edu/trjul98a.htm