For your consideration is a vintage DSC Arminia Bielefeld pennant.  This is a German sports Club that mainly has soccer (football) but also has field hockey, figure skating and cue sports.  It has 15,000 members.  This pennant is for the 1966 West German Cup.  It is dark blue, light blue and white.  The colors reverse on the other side in the blues.  It is incased in plastic and has been stored do it is bent, but some heat will straighten it out.  It is 9 1/2" long without the hanger and 5 3/4" wide at the top.  Hanger adds about another 7" to the length.  

I have recently acquired a very large estate.  There were many jewelry and collectible pieces.  I will be listing many more items in the next several months as I dig thru all the boxes.  Thanks for looking.  Check my other listings for more jewelry, vintage, antiques, collectibles, clothing, fabrics and holiday items.