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Eagle One Aerospace produced an exclusive set of Project Mercury crew patches in the early 90's. 5 sets were produced and mounted on a poster, another 25-50 were produced as an unmounted set. Each patch has the hallmark initials of their respective crewman. They faithfully render the capsule artwork and are often considered to be the proper mercury crew patch as opposed to the common, later souvenir patches from A-B Emblem and others. 

This 3" Mercury 7 patch can be identified double serif on the bottom of the "F" in Friendship.

Collected as a set with other 3" Mercury and Gemini patches. This set of patches, while at first glance appear to be regular A-B Emblem 3" souvenir versions, actually have some distinct oddities that set them apart. They all have cheesecloth backs.

This patch contains the markings on John Glenn's "Freedom 7"
Mercury capsule.