matching the shoulder boards
marked with a Reichszeugmeisterei (RZM) logo and code “4/79” for maker Hillenbrand & Bröer
measuring 72 mm (w) x 148 mm (l) x 28 mm (h)
maker marked with the Fox "F" within an oval and surmounting an "X" insignia on the reverse
Marines and The Royal Canadian Navy Fleet Arm 1924-1945
Spain, Fascist State. A Blue Squadron Unit Pennant, C.1936 United Republic of matching the shoulder boardsAn extremely well preserved Blue Squadron (Patrulla Azul) unit pennant, constructed of a white wool base, the obverse bearing an elaborated multi piece insignia consisting of a central white wool disc, overlaid by a Blue Squadron insignia in the form of three diving eagles above an inscription of VISTA, SUERTE Y AL TORO (colloquially translating to WATCH OUT, HAVE LUCK, AND GO FOR THE BULL), on top of double overlaid crosses, and within a green laurel