Clown Hat

Along with both the Clown Shirt and Clown Pants, the Clown Hat can be purchased from the Clothier after the player has defeated a clown during a Blood Moon. It can be bought for 1 Gold Coin and it's selling price is 20 Silver Coins.

The Clown Hat is a vanity item, which means that it's a cosmetic piece of clothing without any effects whatsoever.

It is part of the Clown Clothes set.