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this trolley on one of my Borsalinos is fixed as well.... factory ?
the button is fixed and the chord goes around the crown then wraps the button ... looks like it has never been unwrapped from the button... never seen anything like it
@alanfgag
Factory, I believe - just a slight variation on the theme. The sewn in button becomes a place to stow the loop at the end of the string. The loop can be disengaged from the button on the hat and attach to a button on a jacket.