JFYI...
Some info you may find interesting concerning "gold playboy keys"...
IF this key is a REAL key... meaning... IF... this was an ISSUED or GIVEN key...
I have had several close friends that have been featured in the magazines...
I was told a story about "the keys" that are personally given out ONLY to the girls that are / have been featured in the playboy magazines OR are "special".
Anyway... the key was given by Hugh with a card.
The girls would wear them on events and for "special" admission to clubs etc.
I cannot really see the detail of this one you have and this may be a "knockoff"... BUT... if it is a real key... um value would change.