Vintage 1950’s FLECHATS Cranberry Red Cap

Made in France by FLECHATS and sold at Scherman Fifth Avenue, New York in the 1950’s. Beautiful, hand beaded, one spot where there is a hole that is very hard to see. I believe this is wool felt but there’s no label indicating what it is made of. Please see all pictures for condition- which is overall good but there are some blemishes.