Romania, Kingdom. A Military Academy Badge, C.1915 certificate_of_authenticity a very similar diagnosis as

a very similar diagnosis as that issued in December of 1916

Variation 1 ("Valik")

and matching bullion winged oak wreath and tri-colour cockade

approximately 5 1/4 x 1 3/4

KIA on The Liberator Raid on the Ploesti Oil Fields

Romania, Kingdom. A Military Academy Badge, C.1915 certificate_of_authenticity a very similar diagnosis asIn silver with red, white and green enamels, painted insignia on the white enamelled badge on the eagle's breast, marked "0. 935" (silver content) on the pin, measuring 45. 8 mm (w) x 72. 8 mm (h), vertical pinback, crazing and chipping evident in the white enamelled beads at the base of the crown, near extremely fine.