The gonfalon's roots can be traced back to ancient Roman vexillum, and was later used by medieval guilds and various religious orders (some of whom continue to use them to this day).
They are now popularly used in graduation and commencement ceremonies to represent the whole educational institution, or schools within it. They are used at both the collegiate and high school level.
Hand sewn applique gonfalons start at just $395, and the distinctive, polished oak and brass pole sets shown are $264.