The anchor design is an applique that has been embroidered on at the edges. There is a contrast edging all around this pillow, and the added rope accent makes this a very unique and outstanding pillow.

I found no labels, but the fabric appears to be a canvas material. 

There is a zipper to remove the pillow form. This previously sold for $94 as shown in final photograph. 

I've also got a similar pillow in blue showing a ship's wheel.