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LW Combined Pilot-Observer Badge - GWL

Luftwaffe Combined Pilot-Observer Badge (Gemeinsames Flugzeugführer- u. Beobachterabzeichen). Early tombak example, the badge is nicely maker marked with 'GWL' indicating production by the company of the 'Gebrüder Wegerhoff' from Lüdenscheid. Stunning original example!
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