This is a great find. It’s the Science Friction Space Cop casting from Hot Wheels. This was released 30+ years ago in 1978. It is in wonderful condition with some edgewear.  It has been priced well below the value of a Mint/Carded piece to reflect the condition, you will not find a more complete example at this price.

If you collect Hot Wheels, Customs, or Police Cars this is a very nice addition for your collection! (1:64 Scale)