A fine early quality textbook example of a “Flottenkriegsabzeichen”; gilded and silvered tombac oval wreath of oak leaves with a national eagle perched on the top of the badge clutching a swastika and with ribbons tied on the bottom, with a frontal view of a German battleship cutting through the waves; plain reverse; with a slender banjo style pinback, a barrel hinge, and a flat wire catch; maker marked “Schwerin, berlin” on the reverse; measuring 56.96 mm x43.88 mm; weighing 36.0 grams; with the original gilding well preserved, but with scattered loss to the silvering on the center ship due to age and wear; of note is some excess metal to the reverse, possibly from previous period mounting; in overall very fine condition.