I have my folks old corn poppers, one is very similar to yours. The other was one of the first of the hot air poppers offered, probably mid-late 1970s. I also have a couple of antique poppers, round and rectangular wire baskets with wire lids on long wooden handles to pop corn over a woodstove or fireplace.
I still use the hot air popper, works great!
I have a modern hot air popper, it works well enough. We used to just do oil pop on the stovetop, but I couldn't pass this thing up it was so cheap.
We did the full gamut when I was a kid. From oil in a cast iron skillet with lid on the stove in the 1960s (burned a lot of kernels), to jiffy-pop pie shaped aluminum poppers (gets expensive), to the one like you bought (but you have to add vegetable oil) and finally the hot air popper (has a built in little removable tray that sits in the output snout to melt your butter as you pop the corn). Did a few microwave popcorn packets but felt the coconut oil they used was unhealthy, stayed with the hot air popper.
Those Jiffy-Pop commercials where it just puffs up so nice. We never could quite get those to work like it was supposed to. It was ok, but yeah. It's a commercial.
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