Germany, Wehrmacht. A Rare Panzer Assault Badge, Special Grade for 50 Engagements, by Gustav Brehmer Auction Archive While the KM was largely

While the KM was largely captured by Italian forces during the German-led Axis invasion of Yugoslavia in April 1941

suspended by old-fashioned ring suspension on a replacement ribbon

An NSDAP pennant

it was often used by William II and his successor

Germany, Wehrmacht. A Rare Panzer Assault Badge, Special Grade for 50 Engagements, by Gustav Brehmer Auction Archive While the KM was largely(Panzerkampfabzeichen in Silber mit Einsatzzahl "50"). Constructed of silvered zink, the obverse consisting of an oval oak leaf wreath, joined together at the bottom by a raised plaque bearing a raised and gilded number 50, topped by a Heer style German national eagle clutching a mobile swastika, surrounding a central Panzer IV rolling over logs and with its left tread extending beyond the edge of the wreath, the reverse with three visible hollow