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Langenberg Hat Co. destroyed by fraud

Messages
18,978
Location
Central California
Howdy gents, made a profile just to post these pics. Does any of you know how much this would be worth considering the Langenberg company is no more? I believe it’s an 87 or older


I’ve also bought a few similar Beaver Brand hats. They are serviceable hats and can usually be found a fair prices. A 20X “Pure Beaver” is going to be worth a lot more than a 10X “100% Fur Felt” which is rabbit. All said, they don’t usually sell for a lot and the closing of the company hasn’t increased their value. There were lots of hats made by them and they don’t tend to be a brand that collectors go after. If you had a Pure Beaver hat in excellent condition in a large size (say 7 5/8 or 7 3/4) you might get someone to bite at the $200 price, but most of the other hats usually sell for less than $100 even in the more desirable sizes...often at $50 or less.
 

ccorsair

One of the Regulars
Messages
160
Location
USA Nor-cal
or so says the Feds

Now the U.S. attorney's office in San Francisco is after Armstrong for allegedly committing a new fraud in Missouri. Prosecutors say he bought a 140-year-old hat company, negotiated a $1.5 million loan using the business and its employee stock option plan as collateral, then promptly defaulted on the loan, forcing the company to close and wiping out the employee stock and retirement plan.
The Missouri firm, Langenberg Hat Co., was closed by state court order early last month, leaving about 150 employees jobless.

http://www.sfgate.com/crime/article/****-Artist-Accused-Of-Big-New-Swindle-He-has-2799278.php
I picked up this Miller hat off eBay a few weeks back. I email miller for info on the hat, and they said this is a
Langenburg Hat from the 1990s, It features a center dent crown style with a bound-edge snap brim. It marked **XXX fur felt. It is a nice dark olive green. Paid ice low price. It is very clean and has great shape.
 

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jeffgarf

One Too Many
Messages
1,234
Location
Jerusalem, Israel
I picked up this Miller hat off eBay a few weeks back. I email miller for info on the hat, and they said this is a
Langenburg Hat from the 1990s, It features a center dent crown style with a bound-edge snap brim. It marked ****X fur felt. It is a nice dark olive green. Paid ice low price. It is very clean and has great shape.
I had been wondering where they got their hats from.
 

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