There were a few posts in this thread a while ago discussing Dobbs hats made under license (can't find them now but they're in here somewhere). This is such a hat. Dobbs Twenty, made in Italy under license. Overwelt edge (I took that out to relieve the hat of its stingy-ness), lined with onion-skin covering of the crown patch. Strange thing about this hat is that the ribbon and shark-gill bow are not made of grosgrain, but some other material. The label doesn't give anything away about who the maker (and holder of the license) was. Nice felt though and well made all around. Dobbs hats are extremely rare in Europe. This is the only one I have seen so far.