Hi Johnny,
The cape material itself looks OK to me ... I 'll have to check the snap.
Check out this thread for some details on the different capes - remember at least 3 sperate factories made a cape that originally came with a snap so you will find at least 3 different snap cape types for for the following Luke Jedi figures: COO = "Made in Hong Kong", "Made in Tiawan", and "Hong Kong"
http://www.imperialgunneryforum.com/t2443-luke-jedi-accessories-questions