A decorative faucet assembly comprising a cold water handle and a hot water handle, each handle having a valve body; a longitudinal bore through said body, a first open end for flow of water therein and a second open end longitudinally opposite said first end. A plastic escutcheon is adapted to be secured onto said opposite end of said valve body and a plastic figurine in the form of a recognizable toy is operatively associated with said escutcheon for rotatably manipulating said valve into open and closed position.