The pennant is vertical, made of leather with graphics on top of an Indian sqaw profile with the word Cheyanne underneath. The design seems old fashioned. In good condition with age related issues. The top hole is stretched and the leather is pushed up a bit, maybe from being hung. The flag has some buckling on leather and age wear like scuffs in leather, fading in the Ch part of Cheyanne and other areas of the word but not as much; due to age/use. Some edges near top not as dark on left side. Theres a black stain on back side near hole and a faded black marker of 35 nearby. Considering what the probable age is; not bad. Some wear in sqaw's hair near curl tip and in the yellow in the hat. Sold as you see it; as found. May have other issues in the leather, age related, not mentioned but mentioned most significant. Measures 15" X 5.25".