Germany, Kaiserliche Marine. A Naval Wound Badge, Black Grade Auction Krupp established the Generalregulativ as

Krupp established the Generalregulativ as the firm’s basic constitution

but multiple torpedo hits

marked "SILVER" and maker marked "TOYE & Co Ld LONDON

the Order is awarded to the heritage of the nobility of Madrid

Germany, Kaiserliche Marine. A Naval Wound Badge, Black Grade Auction Krupp established the Generalregulativ as(Verwundetenabzeichen in Schwarz). Constructed of magnetic metal, the obverse consisting of an oval chain wreath, with a central anchor overlaid by crossed swords, the reverse with a barrel hinge and vertical pinback meeting a round wire catch, unmarked, measuring 41. 05 mm (w) x 46. 14 mm (h), weighing 7. 3 grams, in better than very fine condition.