Italy, Fascist. A National Fascist Party (PNF) Medal with Case

In bronze gilt with red and white enamels, unmarked, measuring 42.5 mm (w) x 56.3 mm (h), original ribbon with embroidered insignia, intact enamels, extremely fine. In its hardshelled case, blue pebbled exterior, bronze gilt individual letters "P N F" along the top edge, with a large bronze gilt "M" fronting a fasces below on the lid, maker marked "F M Lorioli Fratelli MILANO" on the inside lid, lightly soiled recessed medal bed, light wear evident on the exterior, case very fine.