To paraphrase Allan Sherman, he was given a Nakashuma Mark IV, which was discontinued. It has a leather carrying case with holes in it so you can listen right through it. It also has a thing which you could stick one end in your ear, but you can't stick the other end anywhere because it's broken.
Transistor sets were all the rage in the late 50's. Those of us who couldn't afford them could hope to get a Rocket Radio. I got mine in 1957. I can still remember hearing "Thunder Road" by Robert Mitchum on that set, along with other popular songs of that time.
In 1962, my sister finally got her first transistor as a grade school graduation present. I had to buy my own. I still remember going to get it. The price on the box was $39.95, but it was on sale for $8.88. Like all radios then, it came in a box big enough to hold the radio and the leather case side-by-side, with cutouts for the battery and they teeny-tiny pouch for the earphone. What I remember the most vividly is dad coming to my room to collect the cost of the radio. All my money tied up in one thing.
Here are some other radios from around that era:
I have seen several radios in this shape which were restored to look showroom-new. I'll have to try my hand at it.