These band hats surface so rarely that I sat up and took notice when I saw this listing. Beistle produced a small set of fairy hat designs during their fairy mania phase in 1923. Each is playful and whimsical while also subtly including hints of menace. It will be fun to see what this fetches. It has been years since one of this quality has become available.
08/24 Update: This sold for the wild price of $875.