This is a beautiful salt & pepper set made by Ucagco. The famous duo are holding bold gold letters that spell NOEL. They are wearing their iconic costumes, trimmed with chunky spaghetti trim. Approximately 3.5” high
They have their original cork stoppers and foil stickers on the base. 
Santa has a dab of black paint on the trim of his coat, a factory mis-paint. Mrs. Claus has a little bit of crazing to her glaze on her apron. Either piece has any other chips/cracks/repairs. The red paint is excellent with only a few flecks missing off his hat, at the back. 
See pictures for condition.