Romania, Kingdom. A Military Academy Graduate Badge, II Class Silver Grade, c.1935

Two-piece construction, base in silvered bronze, illustrating a stylized eagle, its talons gripping an interlocking "PP", the crowned cypher of Carol II (reign: 1930-1940) above, the crowned Romanian coat-of-arms in bronze with red, blue, yellow, white and black enamels at the lower left, measuring 35.8 mm (w) x 66.2 mm (h), vertical pinback, intact enamels, extremely fine.