1st variation "badge".
Obverse
御台臨 - Imperial Visit
記念 - Commemorative
reverse
東久邇宮殿下 - Prince Higashikuni-no-miya
御台臨記念 - Imperial Visit Commemorative
昭和十一年九月二十日 - September 20, 1936
阪神防空演習 - Hanshin Air Defense Maneuvers
兵庫防護團 - Hyogo Air Raid Defense Corps
入江分團 - Irie Branch
Another example with intact coating.
Obverse
御台臨 - Imperial Visit
記念 - Commemorative
reverse
東久邇宮殿下 - Prince Higashikuni-no-miya
御台臨記念 - Imperial Visit Commemorative
昭和十一年九月二十日 - September 20, 1936
阪神防空演習 - Hanshin Air Defense Maneuvers
兵庫防護團 - Hyogo Air Raid Defense Corps
入江分團 - Irie Branch
Another example with intact coating.