Mark, yes, the 3-D pennants have print with a felt-like texture to it, but it does crack. I have 1960s picture pennants (Orioles and Phillies) with the same type print, and also this otherwise common 60s Phillies pennant. All have felt graphics. The 3-D pennants were Collegiate and these other ones are, to the best of my knowledge, Trench.
(I have pics to send, including Yankees and Giants 3-D, but for some reason this isn't allowing me to attach them, something about a missing security token.)
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