Bulgaria, Kingdom. A Military Order for Bravery, IV Class, Grade I, c. 1916
In frosted silver with red and white enamels, measuring 47.5 mm (w) x 48 mm (h), vertical pinback, fine chipping evident in the red enamels on the centrepiece, the white enamels on the centrepiece ring having been refinished, scattered silvering wear, very fine.

