Weird shaped Spanish hat?

I found this hat at a second-hand/antique store today and couldn't help but buy it (it's going as decoration on my wall with another antique hat I found elsewhere).

Thing is, I've never seen anything like it and can't tell what it was originally intended for. It's a very shallow hat - if I try to wear it, my head hits the top of it, and the whole thing kind of tilts forward until my forehead stops it. If it's meant to actually be worn, someone either has a really wide head or wore something underneath that padded it. And the shape... well, you'll just have to see the pics! The flat up-tilted part is the front.

Anyone have any idea what kind of hat it is, how old it might be, etc.? Since the old sticker inside says, "Festival Madrid," I'm guessing it might have been kind of a tourist-trap type of thing, but the inside doesn't look cheap at all.

Outside:
http://img.photobucket.com/albums/v366/Nikolr/funkyhat.jpg

Sticker inside:
http://img.photobucket.com/albums/v366/Nikolr/funkyhat2.jpg

Overall inside:
http://img.photobucket.com/albums/v366/Nikolr/funkyhat3.jpg

2009-05-09T18:34:19Z

Yum Rum: Not sure what it says under the sticker. Looks like the first word if "Fabrication" or something similar. The second word might be something simliar to Fepetial or Pepetial? The sticker's original to the hat, so I don't want to take it off. I like that it actually says it's from Madrid on there. Gave me an idea of the hat's origins, at least.

Anonymous2009-05-09T17:57:05Z

Favorite Answer

wow that is a really weird looking hat

Yum Rum2009-05-09T18:02:39Z

hmmm what does it say underneath the sticker? something like "fabric..." and I can't make out the rest, tell me what the printed label says under the sticker?

Rae2009-05-09T17:59:41Z

Are you positive it's hat?

Little boots2009-05-09T17:59:14Z

lol id rock that