A Spanish Order Of Naval Merit With White Distinction; 1St Class Breast Badge, Hold features a machine embroidered Totenkopf

features a machine embroidered Totenkopf - skull superimposed over crossed bones - in embroidered silver-grey threads

extremely fine condition with a loose crossguard and a loose divider ring

767" and marked "Reissue"

An excellent ad rare grouping to a SchnellbootCommander

with period replacement catch and custom made name plate engraved Käle Brückner

A Spanish Order Of Naval Merit With White Distinction; 1St Class Breast Badge, Hold features a machine embroidered TotenkopfSpain; Franco Period (1938 1975); Two piece construction, silver gilt with blue and white enamels, unmarked, 34 mm x 58. 5 mm inclusive of its crown suspension, original ribbon, suspended from a traditional Spanish horizontal hanger with pinback, intact enamels, extremely fine.