japanese navy institute badge

  1. Merit Badges of Navy League/海軍協會 功勞章

    1st variation. Merit badge in pure silver made by Taishodo workshop. Reverse 功勞章 - Merit Badge 海軍協會 - Navy League Marked 純銀 - pure silver. Nicely enameled badge. Original case. 功勞章 - Merit Badge Inside 海軍協會 - Navy League 大勝堂 銀座 - Taishodo, Ginza...
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