Romania, Kingdom. A Military Academy Graduate Badge, I Class Gold Grade, C.1935 Hold a Hindenburg Cross ribbon with

a Hindenburg Cross ribbon with Swords

the obverse presents with three raised oak leaves in the centre topped by a raised “FW” and Prussian royal crown

(Estrella de la Fuerza Aérea para Oficiales por Años de Servicio)

the reverse bears a crowned Prussian eagle atop a canon bearing a Danish cross

without maker stampings on the steel

Romania, Kingdom. A Military Academy Graduate Badge, I Class Gold Grade, C.1935 Hold a Hindenburg Cross ribbon withInsignia in bronze gilt with red, white, blue and black enamels, affixed to a bronze gilt base, bearing the monogram of King Carol II (reign: 1930 1940), measuring 35 mm (w) x 65. 5 mm (h), vertical pinback, intact enamels, very light contact, near extremely fine.