This early variant of a thin-tissue coned hat produced by Beistle sold for $45, a solid price considering its wrinkled and bedraggled appearance. I would have taken even more dollars off given that the seller included a photo showing it being worn and another showing enough dirt under the fingernails suggesting that the seller, drac, clawed his way out of an earthen resting place after daylight hours ended.
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Mark B. Ledenbach's vintage Halloween collectibles blog.