Germany, Wehrmacht. A Rare Panzer Assault Badge, Silver Grade Cupal Version, by F.W. Assmann & Söhne Auction Archive the athlete to his left

the athlete to his left raising his right fist with a machine gun near by

while the reverse ricasso is marked with the SS runes

suspended by delicate Andean condor suspension in silver gilt

chipping evident in the green enamels on one petal at 12 o'clock

Germany, Wehrmacht. A Rare Panzer Assault Badge, Silver Grade Cupal Version, by F.W. Assmann & Söhne Auction Archive the athlete to his left(Panzerkampfabzeichen in Silber). Constructed of cupal, the obverse consisting of an oval oak leaf wreath, joined together at the bottom by ribbon, topped by a Heer style German national eagle clutching a mobile swastika, around a central Panzer IV rolling over grassy terrain, with its left tread extending beyond the edge of the wreath, the reverse with a crimped hinge and vertical pinback meeting a round wire catch, maker marked with the logo of F.