Bulgaria, Kingdom. An Order of Merit, II Class Silver Grade, c.1914

(Орден за заслуги, втори клас). Instituted in 1881. Type III (Tsar Ferdinand I, 1908-1918). In silver, measuring 33.7 mm (w) x 40.8 mm (h) inclusive it laterally-pierced ball suspension, light tarnishing, original triangular ribbon with hook and eye, near extremely fine.

Footnote: The Order of Merit was instituted on December 25, 1881 and awarded in two classes: I Class (Gold) and II Class (Silver).