Ferdinand's old magical turban, now drained of magic and stowed in his inventory in favor of the bowler hat.
When Ferdinand appeared to say goodbye riding Drick's head, his old turban was back in inventory — drained of magic and no longer worth wearing.
In its place he still wore the bowler hat, which Donut had allowed him to keep. He spat the hat out of his mouth to answer her thanks with 'Anytime babe,' then picked it up and strolled away.
A turban, formerly magical, now spent and carried in inventory rather than worn.
Ferdinand's discarded former headgear, replaced by the bowler hat.