Plastic Advertising sign for red cap, in good condition aside from the mug, it is missing some of the silver paint (see photo). I imagine it could be easily repaired if you found a paint or marker that matched the existing silver color. Additionally the red cal white circular sign, it is loosely attached and can be removed.

Overall sign needs some work if you want it to be pristine, if you are okay with the wear since it’s over 50 years old then it should be fine for you.

Let me know if you want any additional photos.