This is a cool piece of MAD Magazine memorabilia. Produced in 1992 by Watson Brothers, this is an Alfred E. Neuman necktie. Borrowing the cover art from MAD Magazine #185, this necktie was sold in Canada exclusively at Eaton's Department Stores. MAD ties were also sold in the U.S. (particularly at Sears), but this style was not among those.
Neck Tie MAD Magazine/ Alfred E. Neuman 
