The feather was the wrong bird
On this page11
A feather was picked up on a walk
Possession is one of the prohibited acts, and a found feather has no provenance. Our beach and field finds property covers this directly.
And then it was tied into a fly
Which does not help, because the Act reaches "any product, whether or not manufactured, which consists, or is composed in whole or part" of a protected bird.
And the fly was sold
Sell, offer for sale, barter, ship, transport and carry are all in the list. The craft's ordinary acts are the statute's verbs.
An inherited collection was assumed to be grandfathered
This property does not say whether it is. Possession is listed, permits exist for specified purposes, and the answer needs real advice rather than a catalog page.
A species name was looked up from memory
Taxonomy is revised and the list is amended. 50 CFR 10.13 is the list, it is in two formats, and checking it takes a minute.
An exotic material was assumed to be covered by the same question
CITES, the Endangered Species Act and the Lacey Act each reach material independently. Satisfying the MBTA question says nothing about them.
A substitute was treated as second best
Classic dressings are tied today with dyed domestic feather and synthetic fibre, and for a fly judged by a fish the substitution is a technical choice rather than a compromise.
The envelope was thrown away
Which is the quiet one and the one a container catalog can actually help with. The provenance arrives on the packaging and leaves with it.
So copy it onto the container
Species, supplier, date, in words on the body. Three facts that make the question answerable in ten years rather than unanswerable.
And buy from the mainstream trade
Which sells domesticated poultry bred for tying. The craft is lawful because of what it uses, and staying with the ordinary supply chain is how that stays true.