I recently picked up a few more Wells Fargo items at an estate sale. This pennant is one of the items.
It is in honor of Wells" 150th Anniversary and states the dates of 1852 to 2002. Going by that, I'd assume the actual date that the pennant became available would be 2002. It is made of pressed felt and measures 18 inches long. The left side starts at a height of 8 inches and tapers down in size to the point on the right end. The left side has two vertical rows of stitching with an opening between the two making it possible to insert a wood dowel or pole.
There is one pin hole on the upper left side, probably someone tacked it to a wall. When I received it, it was in a Wells Fargo box, but the box was originally for a box of candy. About a third of the right side of the pennant is laid over in order to fit into the box. There's not a hard crease from this, but it does cause the pennant to bend up slightly on that end. I'd imagine that can be pressed back down. All the lettering is very vibrant and I see no tears or cracks.
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Items in my listings come from estate sales, garage sales, or various auctions. I do not know if they came from homes where smoking or pets were present. All items are sold in the same condition as when I received them.