This is a cast member exclusive hat that was given in 1999 upon the closing of the Disney's club Disney franchise. There is a small red Smudge on the bill of the hat from light exposure, but otherwise this hat has been stored in a closed container for many years. The stitching has the original club Disney logo and is embroidered with " now it's time to say goodbye." The back is stitched with the closing date October 31st, 1999.