Estate find, unsure of the age. Believe is a banner or pennant of some kind. Measures: 20 x 20" Looks to be of felt. Has insicions around all four sides, like to hang or insert a dowel.Sewn on patches of anchor and Eagle and US Navy. Some fading and few small holes from age and storage. See photos for condition. Thanks for the interest. Check out my other items ! Always combine shipping.