This is a Kriegsmarine E-Boat Badge in the 2nd pattern. The badge has some surface patina and very light finish loss on the front side - mostly on the edges of the waves. The reverse side has a few very small spots of surface discoloration, and is maker stamped. The hinge functions properly and both hooks are fully in tact. We doubt this is an original, and we're not medal / badge experts, so please inspect photos and bid accordingly.