I could be completely wrong, but this hat looks much, much earlier than the 1920's to me. The crown, edging and ribbon (beaded band) treatment tell me this is 1830's-1880's. Am I wrong? I have no idea.
However, if I'm right, they stole this hat, and it was a bargain.
Vintage Betty



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Thank you Mr. GWD! Did you find that reasonably priced lettering press yet?? (And did you notice the $500 model didn't sell? Though it did have the original paint and was in EXCELLENT condition with the stand....)
W......I'd say you pretty much stole that one Lefty.......

