Rare Badges No 4

[onecatahula]

Decided to part with a handful of badges from a storied collection that took 45 years to assemble. Stay tuned for the unique, rare and beautiful; each a small work of art. Next up, a couple of unique early cloisonné badges; these are heavy cast bronze badges, not stamped or etched.
Victor, 145 shipped,
Victory, 95 shipped.

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PPFF please.
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