Spain, 1922-1964. Toys made by Rico, a company founded by some former Paya employees in 1922, were similar to that made by Paya, starting with tin toys and moving into plastic products in the 1950s.
A typical characteristic of Rico's toy cars is that they tend not to be moulded in their final color but are spray painted like die-casts so that they resemble more diecast model cars instead of made of plastic. Rico and Paya both made many SEAT models cars.
What's it worth? Take a look at this Rico price guide: sold listings for a value indication.