1940s Royal Stetson De Luxe fur felt western fedora.  Light gray in color with contrasting light bronze thin grosgrain ribbon/bow and a thin grosgrain edge binding.

The hat is marked as a size 7 US (7-5/8" x 6-3/8" interior from inside of sweatband reed).  

The hat has a 2-3/4" brim (measured on the underside of the brim from the sweatband reed to the brim edge).  The brim has a 3/8" grosgrain brim binding.  The crown is 5" open with a 3/8" grosgrain ribbon and bow. 

The felt has no major staining or visible moth nips, but does have some light soiling, an ink mark and a possible scuff under the brim.  The ribbon and binding are free of stains, but have a couple of loose threads.  The leather sweatband is in good shape, supple, but the debossings are starting to loose their shine and there are a couple of dark spots.  Also, it does have a short run where it is unstitched.  The liner is nice and shows very little staining or foxing. 

The felt has a very nice hand and shapes easily.  

I'm basing the date estimate on the model, fonts used, logo style, lack of plastic liner tip, style/color of factory size tag and the color, width and construction of the sweatband.  
 
Please check my other hat auctions.  I will combine shipping, but more hats could increase the box size and the shipping rate.  Don't pay right away and contact me if you want to combine -- I will then invoice you.

Let me know if you have any questions or need further information.

Good luck and happy bidding!