I get it. You need a warm winter hat. You want a sharp, leather unstructured baseball cap that looks good and keeps the cold out. I thought I found a deal online. I was wrong.
I made these painful mistakes so you don't have to repeat them. Learn from my errors and save your money and your sanity. My cheap hat failed fast. Your new hat shouldn't.
Here is what I learned:

I saw the price tag. It was $15 less than the next model up. I thought, "How different can two leather hats really be?" Big mistake. I wanted to save money. I ended up wasting it.
When you buy the absolute cheapest option, you get the thinnest material and the weakest stitching. My cap looked good for about three days. Then the trouble started.
Low Rating Hook: "The stitching frayed the first time I wore it under my coat. The adjustment clasp fell off when I tried to tighten it. Big mistake trying to save money."
Don't make my error. That small price difference usually covers crucial quality points. You are buying a warm cap for winter protection. It needs to hold up to wind and sweat.
Verdict: Set a minimum budget. If the price feels too good to be true for genuine leather, it is.
The description for the hat I bought said "Sheepskin" and "Leather." I took their word for it. When the hat arrived, it smelled terrible. Not like treated leather, but like pure chemicals.
A true sheepskin cap is meant to breathe while keeping you insulated. Mine did not breathe at all. My head was soaking wet after walking for ten minutes. This defeats the purpose of buying a premium winter hat.
If you are serious about purchasing durable outdoor gear, look at options across the full category before settling for the cheapest material claims. Real leather costs money for a reason.
Low Rating Hook: "It smelled like industrial glue for a week. Definitely not real sheepskin. My head overheated badly and the synthetic lining made me sweat non-stop."
Action Step: Check if they mention the specific type of leather and look for close-up photos of the grain. If the picture looks perfectly smooth, shiny, or plastic-like, stay away.