Vietnam War U.S. Military Poncho.  Very nice example of original U.S. issue "Poncho, Coated Nylon, OG 207."  Issued to virtually everyone who served in the 'Nam.  Could be used as a poncho, tent, tarp, etc., etc.  Early 1961 dated example.  Clean with no rips or tears.  Has waist and hood adjustment cords.  Has some scattered small spots of wear to plastic coating.  Photo shows what is probably  the worst spot.  Some very minor soil.  VG+EXC