(Panzerkampfabzeichen mit Einsatzzahl 25). Constructed of silvered and patinated zink, the obverse consisting of an oval oak leaf wreath, joined together at the bottom by a plaque bearing a raised number “25”, topped by a Heer-style German national eagle clutching a mobile swastika, set around a central Panzer IV rolling over logs, with its left tread tending beyond the edge of the wreath, the reverse with a crimped barrel hinge and banjo-style pinback meeting a maker-trademark flat wire catch with an anti-rotation fixture, with two visible rivets securing the obverse Panzer in place, unmarked but with the physical characteristics of manufacture by Josef Feix Söhne, Gablonz, measuring 47.40 mm (w) x 61.76 mm (h), weighing 35.1 grams, a scarce and unusually well-preserved example retaining virtually all of its original finish, in extremely fine condition.