This fascinating lot includes a half-dozen examples of vintage felt pieces from different eras and genres, items that boast vivid colors and a nice patina and are equally divided between early tobacco-issued Flags and postwar whimsical Pennants. Here’s the breakdown: International Flags (3), 8-by-5 ½ inches, easily in Ex-Mt-Plus condition, with examples from Great Britain, Italy and SIRM; and 5 ½-inch felt Pennants (3), broadly Very Good, and including Maxwell, Regal and Leak Proof.