I for one will give your badge the tentative thumbs up. It looks correct for the rarer M1/52 type. Is that the same one you posted a while back? I think its hard to get responses on these badges as they are so scarce that a lot of collectors never held a real one.
Another RZM M1/100 example. I'm sorry I don't have a better image of the reverse, but this example is a textbook example (Niemann's of course). I thought I'd post it as an example of the poor finish these zinc badges generally have.
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