Dating cheeky novelty keychain (80's?)

Robin of Frocksley

Registered Guest
This may be a long shot but I'm hoping you all might be able to help me date this keychain I found recently. It reminds me of those super cheesy glitter decal tee shirts from the 80's, but I might be totally off? I plan on giving it to a friend, so it isn't crucial but it would be great to be able to tell him more about it. Any thoughts would be great, thanks!
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Thanks, Jonathan! Like Cin, I immediately associated the phrase with the 80's.. The weight, size, fittings and typeface did make me wonder if it was 70's, so now you've got me curious all over again. Perhaps I should tell him it's 70's-80's? Love to hear more from anyone, thanks for helping me with such a silly little puzzle.
 
Hobo is a 70s font (despite being from 1915).

Wait! I remembered incorrectly. It's from 1910. There was a second version made in 1915. Still, it's weird it's that old. It looks SO iconically 70s.

I love fonts and typefaces. Fascinating.
 
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