This is the famous Pawley’s Island Hammock.
Two-person hammock with reversible cushion w/built in pillow
This hammock has never been exposed to weather. Was always hung in a screened-in, covered porch.
About 5 feet wide and over 10 feet long (will stretch longer to about 13 feet).
Combination new sells for over $400, if you can even find the cushion.