Vintage 1970s Blue Wood Accordion Peg Rack

Whether is held coats and scarves, a tea cup collection or every day coffee mugs, it seems like every household in the US had one of these accordion peg racks. This handy 10 peg expandable wall hung rack was painted blue in the 1970s to suit the decor of its home, and with it's three hanging hardware pieces, it can be hung either length wise or height wise. Measurements of it fully closed and fully open in photos.