Spange 2nd Class With Ribbon Opinions Please

[Chris Lee]

Folks,
I just recently aquired a collection and being unfamiliar with alot of items, I`m posting them from time to time. There`s a mix of good and bad in the lot, so I just want to make sure with the experts. Is this piece good and if so, what kind of value does it have?? Thanks
PS,
Sorry for the glare. It looks much better in hand.

[tinmantis]

a good L/11, $250-ish? it's a common one...
regards
jon

[CMSgt]

L/11

Yep, nice Deumer spange. Jim

[Chris Lee]

pic

Here`s alittle better shot of the front