Yes, this pickle looks like a penis. Especially when set against the drooling maybe-topless woman who is holding said pickle as though she is about to fellashe (made-up-word) it. As TheDenverEgotist points out, the ad can be seen in Heeb magazine (real publication), who will apparently accept any ad that comes with money paper-clipped to the envelope.
Also, if that bar of copy going across her chest is covering her nipples, them’s the oddest-placed breasts of all times and places.
Guss’ pickles anyone?