Vintage Cotrell & Leonard Graduation Mortar Board Cap Hat with Gold Tassel, in original box, Size 7 1/8. From 1930’s or 1940’s. Very good vintage condition. No rips, no stains, no smells. Mortarboard is still stiff; cap itself is still stiff. Tassel is gold-tone fabric. The decorations on top are gold tone threads wrapped around a stiff form. The tassel is immovable; cannot be moved from one side of the hat to the other. Lining may be satin. Mortarboard measures 9.5”x9.5”. Smoke free home. CL