Does anyone know what this mini pennant might be?
 

I have this mini pennant that as you can see is smaller than a standard sized baseball card. It appears it could be from the 1940's? or 1950's? and feels like some kind of soft leather.
Does anyone know what it could be from or its value if any? Could it be from a pack insert? a game? cracker jack prize?
Thanks for any help.
Robert

http://i1135.photobucket.com/albums/...psmcaa95ir.jpg