Luftwaffe Paratrooper Badge. Type Steinhauer & Lück, Lüdenscheid (Zink)

Zinc based and in a very good, slightly worn condition. The wreath with all of the dark oxidised finish. The eagle with lots of the gilt plate and attached to the wreath with two typical rivets. One of the rivet holes has been drilled twice(!).
Not marked but a known variation that has been attributed to the company of Steinhauer & Lück, Lüdenscheid. With the typical oblong shaped base plate under the hook.
See Thomas Durante, The Paratrooper Badges.