It is the Direct Market version (that went to comic shops) and was produced before the Toys R' Us version.... The stitching is much higher quality. There are not a bunch of loose threads everywhere - the threading is very tight. This cap was never used, is in MINT condition, and was stored in a smoke-free, climate controlled home. You will also note that the "made in" tag is on the opposite side of the hat from where it is located on the Toys R' Us version.
A very rare, vintage find! The item "1993 Captain America Marvel Comics American Needle, MINT, Direct Market, RARE" is in sale since Tuesday, August 4, 2020. This item is in the category "Clothing, Shoes & Accessories\Men\Men's Accessories\Hats".The seller is "fang76" and is located in Newark, Delaware. This item can be shipped worldwide.