But I will have to disagree with you regarding the grade. FCL is known for their use of a nice copper undercoating. The silver finish that is worn away on your badge reveals that coating
I also agree with Giel...an unmarked FCL design in slver grade.
I can see where one would get the impression this is a bronze ISA.
These examples had a reddish-black undercoating applied before the silver/white frosted finish coating.
As the frosted finish was delicate, these are often found in worn condition with only the undercoat remaining.
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