Like I said in my post on the L/10 Spange these realy are the Heer flak Badges of the crosses forum. Since I'm looking myself to buy a good one I was waiting for some reaction on your post but since that isn't happening I'll try to use the limited knowledge I aquired on the one you show.
Personnaly I think it's a copy of an L/18 Spange. An original L/18 is shown in this thread by Mark.
Concerning the case, the same one was shown in this thread by Marcus but nobody gave an opinion on it's authenticity. I'don't like the date bar on the case and the strange "1" in the date.
Hello Phil. It is copy . Once I bought the same from German dealer and return it back. Look at the edge of the spange. The spange which I get, had polishing edges, not clear details of the obverse and had different thickness in places. I think it was cast copy.
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