Bulgaria, Kingdom. A Rare First World War Observer’s Badge, To A. Diranov, 1916 GTRexclude the Yugoslav resistance forces consisted

the Yugoslav resistance forces consisted of two factions: the communist-led Yugoslav Partisans and the royalist Chetniks

slight discoloration evident on the reverse

not only because they're so scarce

5th Class - Multi-piece construction

A Pre-First War Austrian State Prize for Horse Breeding

Bulgaria, Kingdom. A Rare First World War Observer’s Badge, To A. Diranov, 1916 GTRexclude the Yugoslav resistance forces consistedIn typical German manufacture, in silver, a hollow ovular shaped badge featuring an eagle against a starburst in the background, surrounded by a wreath, with a crowned rampant lion in a shield, with a large Bulgarian crown at 12 oclock, the reverse presents a vertical pin assembly marked 935, base engraved . 1916, measures 42. 1mm (w) x 77. 6mm (h), weighs 32. 0 grams, dark patina, a very rare badge and named example in extremely fine condition.