ODD OGG was a toy made by the Japanese company Ideal Toy Co. in 1962. It had a motor and was powered by 2 D sized batteries. I didn't have an on/off switch.
Odd Ogg came with 5 colored plastic balls which you rolled toward him, attempting to roll it below his tongue. If you rolled it dead center, Odd Ogg rolled forward a foot or so. If you rolled it off to the side, Ogg rolled backwards and opened it's mouth, sticking out it's tongue and making a razzing noise.
What's it worth? Take a look at this Odd Ogg price guide: sold listings for a value indication.