The badge is stamped. It has lines on it that resulting from a broken die.
There are several layers: outside the silvered copper layers and inside, between the copper, a kind of grey layer.

1WEB.jpg (95.07 KB, 87 downloads)
2WEB.jpg (83.51 KB, 87 downloads)
X2.jpg (31.22 KB, 83 downloads)
Last edited by benten; 08/07/2021 07:14 AM.