Romania, Kingdom. A Military Academy Graduation Badge Auction the obverse with an eight-pointed

the obverse with an eight-pointed black enameled star containing a white enameled medallion in the center bearing a red enameled “Anchor Cross of Pyrmont”

and a picture of a Navy NCO

An integral loop descends from each side of the ring and accommodates a period original black leather chinstrap

Photo 10cm x 14cm

of the first American base in Greenland

Romania, Kingdom. A Military Academy Graduation Badge Auction the obverse with an eight-pointedThree piece construction, insignia in silver gilt with red, white, blue and black enamels, mounted to a base in silver with red, white and green enamels, the insignia illustrating an eagle with the Romanian coat of arms on its chest, backed by an open ended wreath of laurel leaves and oak leaves and surmounted by the Royal crown, unmarked, measuring 53 mm (w) x 56 mm (h), vertical pinback, intact enamels, extremely fine.