it is definitely a silver one. If you look at the back of your fine badge, you´ll notice the remnants of the silvering, while the silvering on the front is totally worn off. I think there is also a slight silvering left on the front.
Yours is a good Deumer. S&H's have a slightly different obverse design and different hardware. I would also agree that it is silver. The bronze you are seeing on the obverse is from the brass base metal this badge is made from. Nice original badge.
Tom
If it doesn't have a hinge and catch, I'm not interested......well, maybe a little
New Book - The German Close Combat Clasp of World War II
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