Zinc based and in a very good, slightly worn condition.
Marked on the ring with „L15“ for the company of Otto Schickle from Pforzheim.
On forums this maker mark is controversial, with some collectors being of the opinion that these are post 9. Mai 1945!
Very uncommon variant

Zinc based and in a very good, slightly worn condition with practically all of the original finish still present.
Marked on the ring with „L15“ for the company of Friedrich Orth from Vienna.
Such marked badges are heavily discussed in the collecting community but our opinion is an authentic piece manufactured before May 1945.