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Showdawg: I don't have that one but there was one up on Ebay a couple years ago. I bowed out when bidding got too high. Do you think that was a hand modification to the tip to compensate for a missing tip? The one on eBay had a pointy tip. I do see other old pennants cut like that from time to time.
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Its back up on eBay for $1999....Looking at the closeup, it does look like its been cut
http://www.ebay.com/itm/131917860548...%3AMEBIDX%3AIT