Comes exactly as shown. Some surface wear, a couple dots , some staining inside brim as shown however hat is in good shape especially for its age. this is custom made in the 1950s by a business here in my city that sadly doesn't exist anymore. it feels like felt or beaver, measured it's 22" around so size 7,  has some wear it's almost 100 years old.  Dimensions/size in details of listing. Please see all photos before making final purchase.