Vintage Antique Wool Felt Pennant of 

PANAMA (The Old Ruins of Panama). 

I believe this has something to do with 

the Suez Canal. 

Condition is Used. 

28 inches long, 10.5 inches wide.  

Show signs of wear as seen in photos 

but a nice vintage piece. Small piece missing

at the bottom. 

Shipped with USPS First Class Package.