This mug is shaped like an older nearly bald man with a bulbous red nose in a speedo, holding his body board, looking worried about entering the water.

Fake fringe of hair glued to mug to complete the look.

From Munktiki:

"New mug from Dexter called Paipo Pete!

A couple sips from this prone drone will get u on your belly jelly and sliding into the new year. Not responsible for nipple chafing that may occur while using this mug.

Paipo Pete is an edition of just 35 mugs. He is about 8 inches tall and you can add one to your collection for $350

Hand made by Dexter here at the Munktiki studio in Astoria, OR."