Now we have the high res image, the answer is: No!
Also, check out the hairy head behind the main head. It, too, has a small white placard by it.
Clearly this is some sort of museum setting, or freak show.
Interesting, but it has zero relevance to Roswell.
Here's the link where you can see the photo much better, and you can see the second, darker, hairy head behind it, and you can clearly see the back of the small placard, which no doubt describes what it shows.
Zero to do with ET. Move along.
Here's a few new links from Rich Reynolds' UFO Conjectures blog, and I'm sure more will come, and I'll link to them here as they surface.
1. Article one: "Questionable Testimony?"
2. Article two: "Note the male hand in this photo."
3. Article three: "The May 5th Coup de grace or coup de morte?"