I hope somebody can tell me if this type exists or was just hand made.
Thanks
Fuentes sugeridas
Vintage Avalanche Sugerido por APlaPi
Daxline Sugerido por Heron2001 
Handpainted -- yes.
Image corrected for alignment, skew, uneven brightness etc.
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If the background was fabric wrinkling could account for some of the variation in letter shapes.
Based on a font -- perhaps...
I know for the age of this, 1969, there was no way this would be digital

but I'm hoping It was made based on some existing type
For a quick substitute - try Daxline
NOT THE FONT
Well done, clean rendition of the compressed hand-lettering. Prost!

Thanks very much! I'm having a really close relation with FontForge right now

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