A Royal Navy (RN) & Royal Canadian Navy (RCN) Fleet Air Arm Sleeve Insignia
Item #C4537
$60
Gold-coloured bullion wire, in various textures, silver fouled anchor, on a black wool base, padded, black cotton mesh backer, 25 mm, extremely fine.
Footnote: This badge appears on page 174 of "Eagles Recalled" by Warren Carroll and comes from his personal collection.