During the late 1960s and early 1970s it became fashionable for homeowners to convert basements into family rec rooms, often equipped with bars. Most were well stocked with both utilitarian items (shot glasses and ice crushers) and decorative accessories. Objects with advertising are usually more valuable than their generic counterparts.
References: Mark Pickvet, “The Encyclopedia of Shot Glasses,” Glass Press, 1998; Stephen Visakay, “Vintage Bar Ware,” Collector Books, 1997.
— Harry L. Rinker
“Official Price Guide to Collectibles”