The main differences that I know of are that the federation has a much taller crown and a bit less taper than the squatter. The squatter also has a larger brim with a bound edge which the Federation does not have.
This is my main point. I need another hat, straight and tall like a fedIV but with a bound edge. And same price-dimension. Pics of the squatter let me think, that there is more taper on it. So i shouldn`t buy one of these.
I bought a FedIV & sent it to Falcon Park Hats for edge trimming & adding a bound edge. Squatter is a totally different hat as Alexander points out.
I had the same take except with a slightly slimmer ribbon treatment...I have a squatter and love it, but my dream hat right now would be a Fed in moonstone with a trimmed and bound 2 1/2" brim.
Do you have any photos please of your fed iv after your alterations? those are the exact things I'm having done by a local hat maker...trim the brim slightly so it is an even size, have a binding added and it curled up slightly and change the band to a slimmer one.I bought a FedIV & sent it to Falcon Park Hats for edge trimming & adding a bound edge. Squatter is a totally different hat as Alexander points out.