This is the miniature brass SERE compass. Made by the same the government contractor that makes them for issued survival kits, True North Concepts added some extra goodness, including a waterproof/crush resistant case.
The compass isn’t restricted, the vintage map they’re sitting on was. Even though they are button size, these compasses will get out of a jam. I used one to navigate my way through a five-day E&E course in West Virginia back in the 90s.
And yes, they glow in the dark.
truenorth-usa.com/product/mini-sere-compass
countycomm appears to sell the same compass for $5.85, albeit without the tin or logo:
https://countycomm.com/products/copy-of-thumb-tac-compass