(Beobachterabzeichen der Luftwaffe mit Etui). Constructed of silvered tombak, the obverse consisting of an oval laurel and oak leaf wreath, joined together at the bottom by ribbon, overlaid by a swooping and patinated 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, maker marked “P. MEYBAUER, BERLIN”, measuring 52.67 mm (w) x 53.28 mm (h), weighing 44.5 grams, accompanied by its period original presentation case, constructed of a light wooden frame with a faux dark blue leather exterior liner, the lid bearing a gilt embossed inscription of “LUFTWAFFEN-BEOBACHTER-ABZEICHEN”, the interior with a blue rayon lid linder and intact hinge cover, with a slotted blue velvet medal bed, closing with a functional metal snap button with exterior stud release, the lid demonstrating moderate exterior material fatigue, the badge presenting free of evident issues and in a near mint condition.