I am sorry I can't tell you much about this from these pictures....but I can tell you that this was a very popular item/style in the 40's and 50's. I think it still has alot of desirability!
I would not consider it rubbish! I have seen them sell from $30 up to $145....customer demand. There are two similar on Ebay right now
(same brass design, same handles but different inlay that are from Italy - "BEAUTIFUL INLAY WOODEN ITALY SERVING TRAY,BRASS HANDLES" Item #250397599470 and Item #370180451987).
What do you think D&b, Railman, Cogar, Ironlord.....