German WWII DAF Factory Pennant-This is a DAF factory pennant. It has the black cogwheel sewn onto a white disc, in the center of the white disc is a multi-piece black swastika. This white disc is sewn onto a red cloth material. Maker marked in upper right corner. The pennant measures 11 1/2 inches wide, and 20 inches long. Rope lanyard and loop are in place for hanging. Some discoloration but in very good condition.