The invention relates to a method of forming a goblet from a glass bottle of the type having a base, a body portion extending from the base and converging towards a neck which terminates in a lip defining a mouth. The method comprises the steps of severing the base from the body portion along a first severance plane which is proximate the base and normal to a central axis of the bottle, and removing a waste portion of the body along a second severance plane which is parallel to the first severance plane. The mouth of the bottle is then glued or fused to a center portion of an upper surface of the base so as to form the goblet, with the base of the bottle forming a foot of the goblet, the neck of the bottle forming a stem of the goblet and the body portion of the bottle defining a bowl of the goblet. The method may include the step of plugging the neck of the bottle so as to form a solid stem.