Is there any cooler toy than a Yo-Yo?
Pictured above is a G.I.Joe Yo-Yo. It was released by SpectraStar and the packaging is dated 1988.
The character pictured is Repeater (1988).
From the collection of: Phillip Donnelly
Additional information from: T.J. and Jared, PDXAngel1, and Eagle Eye's Virtual Museum