Outstanding full-sized pennant from the New York Yankees of the All-America Football Conference. Rich blue felt offsets the white lettering and colorful graphics. Some minor fading to the blue color notably along the bottom edge is visible at close inspection and some creasing to the felt is also evident near the reinforcement near the "N" in "New" and as well as in the area near the "O" in "York" and between the "NK" in "Yanks." The creasing is difficult to see in the photograph but is definitely visible when the pennant is in hand. Some mild discoloration is evident near the vertical crease at the "O." Tassels are both intact. A tremendous example of a highly-coveted pennant with tremendous eye appeal despite the wrinkling.