This Beistle plumed owl hat was made for a single season, 1931. This surfaces rarely, so even with the very minor damage indicated, if you collect early Beistle paper items - and what true collector doesn't (smile) - this is one you should snap up. I applaud the seller for starting the auction at a price well below what it should be expected to fetch.
Blog
Mark B. Ledenbach's vintage Halloween collectibles blog.