Opinions on this membership insignia?

[Military]

Came across this membership insignia and I thought I'd like some opinions on it.
For those of you who have seen it, you will know where it is from.

Any idea on the value? Is saw one at Peter's site long ago....
seems the prices on these have gone up slightly?

Thank you Gentlemen,
Mil

[Military]

[Massimo F.]

German Warbooty/John is a honest dealer and a respected member of WAF. Although missing a RZM Paper tag usually cut to shape, to me the insignia looks good and .... sold