The Friendship basket was named by a Nantucket basket maker in the mid 20th century who is thought to be the first person to make these lidded baskets. In the beginning of his career, he would hang them in a tree in the yard of his rental home for sale to summer residents or seasonal tourists. His first lidded baskets sold for between $15 – $25, which is between $200 – $350 today adjusting for inflation. These baskets were often made with lumber from discarded pallets.