I bought this has and the slightly more expensive black version.
Got them today- disappointed!  "El Cheapo" Chinese-made hats
suitable for costume parties only.  The "gold" metallic braid and scrambled
eggs & insignia are gone, replaced with common yellow thread. The metal
brass trim studs are gone....yellow fabric only. No doubler panel on the
crown of the head- your hair will stain this hat in short order.  This is
not a proper hat for a yachtsman.....its a "Benny the Boater" hat for your
average 20' Bayliner skipper.  Where can I get a REAL hat????