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These were really popular where I lived from 1979 to about 1982 and were associated with "New Wave" and punk types. They didn't just feature bands but could also feature sayings or patterns. Ska fans and mod revivalists would wear black-and-white checkerboard and Op Art-patterned ones. Punks would wear buttons featuring the names or albums covers of bands like the Sex Pistols and the Dead Kennedys. New wave types in my high school wore them with early sixties-looking shirts, sleeveless T-shirts, and what we called "doctor shirts," those boxy, pale green medical scrub shirts worn by surgeons, plus skinny early-sixties-style ties worn even with T-shirts.