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Mark B. Ledenbach's vintage Halloween collectibles blog.

RARE EARLY BEISTLE BLACK CAT HONEYCOMB HALLOWEEN HAT~DESIGN ON BOTH SIDES~

Beistle made two designs of what they called continental hats with plumes. The mate is a JOL with better artwork on either side of the central figure. (You can see it on page 238.) The vertical stripes flanking the cat face do grab the eye, but there is no doubt that it seems Beistle rather shorted this particular design. Made from 1925-1931 only, sustainable guide value is $195. 

10/07 Update: This hat brought $197.50.