This is a VAN JACKET blazer emblem. It's a vintage, limited-edition emblem from the 1980s. I used to run a VAN shop, so I kept it in a vinyl bag and carefully stored it to prevent the bullion embroidery from oxidizing. I believe it's very valuable now. It's incredibly clean, considering it's from about 30-40 years ago. It was also mentioned in the VAN Museum. It's a very precious item. I will sell it to someone who appreciates its value.