Panama hats go great with silk or linen summer suits. These great hats simply remind you of warm weather and the tropics, they are one of the more fun hats to wear by far!They don't hold heat like felt hats in warm and hotter climates because they are light weight, lightly shaded(in color) and very breathable.
These fine hats were original made and still are extremely popular in the country of Ecuador. The Panama hat has stood the test of time in a way. Gentlemen are often spotted wearing these fashionable hats in many tropical areas. They remain so popular that well founded hat companies, such as Stetson, Dobbs and Cavanaugh, now manufacture more Panama styled headwear than felt hats, like fedoras or bowlers for instance.
Like anything else, you get what you pay for. Depending on the hat maker and quality of construction of the hat, you could find yourself paying anywhere from $20 to several thousands of dollars.
The quality of the weave itself is by far the most important factor. A high weave count, even a great looking one, doesn't guarantee a hat that's well-woven. The primary thing to examine when judging the quality of a woven hat like a panama, is the weave itself. The finer the weave, the finer the hat. It is said that a Panama of true quality (a "superfino") can hold water and when folded for storage can pass through a wedding ring.