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Originally Posted by Hankphenom
That's pretty convincing. But I'm also sure that other combinations of pins and accessories were shipped that way to the distributors or vendors. I cited the example of your Senators pin. Another is the rare 1937 All-Star game pin with red, white, and blue ribbons and small plastic batter. I've had two of these and seen one or two elsewhere and they were all the same. And there are the ribbons specific to the pin, like a different 1937 All-Star game pin where the ribbon lists the players. So, I'm guessing it's a mixed bag, with some put together at the factory and some at retail. The distinction would be interesting to know, but, as others have said, the main thing is that the combinations be period, and not recent Frankensteins.
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You could be right. Or, it may have only been sold by one vendor at the 1937 All Star Game who decorated them all the same. There are several PM-10 pins from the 1930s which almost always have small pennants attached. It is obvious these pennants were designed to be attached to pins. These may have come directly from the factory.