Dolly Surprise: Holly Surprise Doll (1987)

Dolly Surprise was a series of weird dolls, that could "grow" and retract their hair by turning their arm (the 80s were wild, man). 
This little gal is named "Holly Surprise" which rhymes with "Dolly Surprise", and thus, it is objectively funny. Ha ha. 

Condition: Good! Hair function works.