Luftwaffe Shooting Lanyard (Schützenschnur) being the 1st Grade (1.Stufe). There are no acorns attached, stating that it deals with the first grade of this decoration. The aluminum type shield is mounted on a rosette base in the same material as the lanyard, having a luftwaffe blue-grey protective woolen backing. Some silver fringe missing on one of the loops, see photos. This lanyard would look great when re-attached to a Luftwaffe  tunic or 'Waffenrock'. Nice original example in good used condition!