854111-1 Donald Duck Key Chain is a Disney keychain released in 2021 along with a Daisy Duck version. These were the first Disney inspired LEGO keychains.

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(US) Offical set 854111 Donald Duck Key Chain at LEGO.com
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Sets in Gear / Key Chains / Disney

Theme / Subtheme Gear / Key Chains / Disney
Year 2021
Minifigs 1
Availability Exclusive
854112 LEGO Daisy Duck Key Chain
Retail $5.99
Available at retail
A dashing addition to a Disney fan s bags or keys!
Introduce a fan of Disney’s Donald Duck to this great LEGO® | Disney Donald Duck Keyring (854111) to take along on their adventures! It features a Donald minifigure looking dapper in his classic blue and yellow sailor shirt with red bow tie and blue beret, attached to a durable metal chain and ring. This eye-catching keychain can be fastened to a backpack or used to keep keys together in a pocket or bag.

Thrill Disney fans with a cool LEGO® | Disney Donald Duck minifigure on a durable metal chain and ring that attaches securely to a backpack, bag or keys. The minifigure is not detachable from the metal chain.
Makes a great Christmas stocking stuffer, birthday or anytime gift for kids aged 6 and up who are fans of Disney's Donald Duck or the Sensational Six.
Measures over 3 in. (9 cm) high and 1 in. (4 cm) wide, which makes it big enough to be seen and admired, but small enough to not get in the way of anything.
Description provided by LEGO©