This is an antique Victorian German made souvenir moustache cup or mustache mug made for the English market between 1890-1900 with raised letters and heavy hand painted gold.

The mug says Present and has a fancy floral interior bar.

The mug measures 3.25 inches high by 3.75 inches in diameter and is in very good +++ condition with no chips or cracks.

The fancy souvenir mustache cup or mug is marked on the bottom in a circle Manufactured In Germany. 

There is gold wear which is pretty normal for something of this age.