Postwar Navy Visor Cap Wreath

[Stepdale]

Hello,
I assume this one is postwar Bundesmarine but wanted to be sure. If it is BM, I'm assuming it has little value?
Thank you,
Dale

[stonemint]

Yes, definitely postwar--you may want to post in the West German subforum

[Stepdale]

Thank you very much for the verification, I think it'll go into my pile of items I'll sell for next to nothing whenever I get around to it.
Dale