It looked like a gorgeous (artificial) fireplace.....
.....that turns into an awesome stereo/liquor cabinet.
The Phono-Sonic Liquor Cabinet/Stereo w/ artificial fireplace is one of the coolest designs ever for a console stereo. Surprisingly, it was also made and imported from communist East Germany for the American market. Like the Soundesign Trendsetter, they are extremely rare in good condition.
They originally came with 3 speed turntables (33/45/78 RPM) AM/FM Stereo receivers and 8-Track tape decks, but cassette decks were added in the late '70s. The speakers were enclosed behind the red velvet and latticework on either side of the fireplace. The cheese points are off the scale with this one!