Romania, Kingdom. A Military Academy Badge, c.1915

In silver with red, white and green enamels, painted insignia on the white enamelled badge on the eagle's breast, marked "0.935" (silver content) on the pin, measuring 45.8 mm (w) x 72.8 mm (h), vertical pinback, crazing and chipping evident in the white enamelled beads at the base of the crown, near extremely fine.