This is the original Fellowship Cloak, worn by Merry and Pippin in the LOTR's, designed by Stephen Spielberg, and signed by JR Tolkien himself. (Just kidding).  It is my interpretation of that cloak, and as close to the original as I could make it.

This is a half-circle, seamless cloak, that drapes beautifully and is a dream to wear.  It has an angled, open front, and can be worn tossed over the shoulders.  The generous hood is fully lined and deeply pointed, and comes with a removable tassel.  The cloak is fastened with a beautiful Leaves of Lorien clasp (see above).
It comes is Bear Brown, Forrest Green or Castle Grey anti-pill fleece.