Italy, Kingdom. A Royal Air Force (Regia Aeronautica Italiana) Bullion Pilot Badge, c.1942
In gold-coloured bullion wire, in various textures, touches of red embroidery representing the eagle's eye and black embroidery for its mouth, on a blackish-blue wool base, white mesh cotton backer, measuring 74 mm (w) x 33 mm (h), near extremely fine.

