Germany, Wehrmacht. A Panzer Assault Badge, Silver Grade Hold The national eagle (Hoheitszeichen) sits

The national eagle (Hoheitszeichen) sits snug in it place and is level with the wood

The SM UB-54 was a German Type UB III U-boat (submarine) in the German Imperial Navy

RZM code 52 on reverse for Deschler & Sohn of München

Contained in it’s original hardshell case of issue

Silvered bronze and red enamels

Germany, Wehrmacht. A Panzer Assault Badge, Silver Grade Hold The national eagle (Hoheitszeichen) sits(Panzerkampfabzeichen in Silber). Constructed of silvered zink, the obverse consisting of an oval oak leaf wreath, joined together at the bottom by ribbon, topped by a Heer style German national eagle clutching a mobile swastika, around a central Panzer IV rolling over grassy terrain, with its left tread extending beyond the edge of the wreath, the reverse with a ball hinge and vertical pinback meeting a flat wire catch, maker marked with the A inside