I haven't seen this choice hat surface for some time. Early Beistle (1918-1935) is arguably the hottest sub-genre of vintage Halloween right now, something that has remained true for many years. Even with the condition issues specific to this hat, it fetched a strong price. What captivates me about this hat is the energy the artist conveyed with the four principal figures.
Mark B. Ledenbach's vintage Halloween collectibles blog.