Germany, Luftwaffe. A Round Wreath Version Pilot's Badge, By C.e. Juncker GTRexclude inscribed "VOJENSKO SPORTOVNI ZAVODY ARMAD

inscribed "VOJENSKO SPORTOVNI ZAVODY ARMAD MALE DOHODY" above and "V HRADCI KRALOVE - ZARI 1937" below

The scabbard is constructed of an iron base (magnetic)

remnant of green felt on the reverse

as the Soldbuch states that payments were made until May 31

Germany, Luftwaffe. A Round Wreath Version Pilot's Badge, By C.e. Juncker GTRexclude inscribed "VOJENSKO SPORTOVNI ZAVODY ARMAD(Flugzeugfhrerabzeichen, runder Typ). A rare example of a circular wreath Pilot's Badge, constructed of silvered zink, the obverse consisting of a circular laurel and oak leaf wreath, joined together at the bottom by ribbon, overlaid by a swooping Luftwaffe eagle clutching a mobile swastika, the reverse with two visible rivets securing the obverse eagle in place, with a barrel hinge and vertical pinback meeting a round wire catch, unmarked but with