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Looks like a privately-made keychain decoration to me, perhaps even unrelated directly to the TR era. Maybe German-American Bund or British Union of Fascists? Odd to see the laurel wreath design with the swas; the Nazis liked oak leaves much better; they make for a much stronger, more military design! The blank is also oddly shaped, not symetrical, and the stamped design doesn't really seem to properly fit the piece...? Just some thoughts...
Br. James
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Most users ever online was 10,032 at 08:13 PM on 09-28-2024.
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