I picked this up on my antiquing adventures yesterday. This one comes with a story. I walked into a rather large antique mall and saw this sitting under the chair of the man in charge of the place. I spotted it and asked him if it was for sale. It is named, unit marked, and dated 1944.
"Uh, yea, I suppose it could be."
Finding a bag of 20 or so modern military patches inside I asked him if they came with it.
"Nope, those are mine. I'm going to sew them all over the outside. I can get three times as much from some teenage girl looking for a retro purse."
I asked him if he was serious.
I told him I would give him $20 if he would allow me to rescue it.
"Sure! Saves me the hassle of havin' to do all this work! heh heh"
I took the bag, calmly told it that everything was going to be O.K., brought it home, and put it up with its new family.