Square coaster with rounded corners advertising for Gay Soft Drinks. Off-white background with blue text and image. Logo and image of a refreshing soda in the center surrounded by text. Top reads "Official Suppliers to Gretel II", listing of soda options next to center glass, beneath logo, "The Perfect Mixer..Gay", across the bottom "Gretel II and Gay - A Great Combination."
The back features the logo for the Gretel II in blue. Triangle with GII at the top with an image of a boat underneath. Underneath the boat, filling the rest of the triangle reads, "1977/America's Cup/Challenge Association."