In 1977, Stanley M. Makowski, Mayor of the city of Buffalo, proclaimed July 29 "Chicken Wing Day" in recognition of Frank and Teressa.

Of the many distinctive Awards earned by the Anchor Bar, two of the most noteworthy were bestowed in 2003.

In April 2003, the Anchor Bar was given the "James Beard Foundation Award." This is given to restaurants "that have timeless appeal, beloved for quality food that reflect the history and character of the community. It is for an American classic."

In May 2003, the Anchor Bar received the "Quality International Award" for its sauces. Presented with the prestigious gold medal, the Anchor Bar was judged the "Best of the Best" in a contest in which more then 1,000 sauces were entered. The judges were from the American Culinary and Tasting Institute.

In early 2008, Anchor Bar Suicidal sauce wins "A Scovie Award" for their hot sauce through the International Fiery foods show in Albuquerque New Mexico.