
So I have made it my mission to find out what is going on, so yesterday I went there armed with a camera and a list of questions and here's what happened:
I asked the sales assistant why there are supposedly 2 Poets and he wasn't aware. So I asked if they had one in my size and he returned with another hat that was also labelled "Poet" but it had a lot of differences with the display model; the felt was thicker; different colour; dimensional cut; different ribbon; different lining; different sweatband; different block shape... the list is endless.
The sales assistant was very pleasant and was very helpful but I don't think he knew there were 2 models.
I politely told him it was clearly a different hat and showed him why, to which he agreed. After a few questions and him going back to the stock room for a minute, he informed me that they no longer make the hat like the display model. I asked if there were any others like the display hat and he said no. To clarify, I asked "is this the very last of it's kind then?" and he said it was. I made a joke about selling it on eBay as it would probably be very sought after, being the last one. He showed me a few of their beautiful Bull Whips and we chatted for a while as I took pictures of both hats and here are my pics comparing the details of both:

Display model unbashed

Display model ribbon

Display model inside

Display model sweatband

Stock model unbashed

Stock model inside

Stock model ribbon

Side by side, Display model on left.