This is the real deal from the late1980's! I bought out a vintage t shirt lot and this was at the bottom!  it is brand new unused, It is a BACK PATCH. Although, at first, I was not quite sure exactly what it was originally made for...maybe, to hang out of the back of your pocket. It measure 13" x 11"

I also found one with Cinderella check out my other listing. Thank you.