SMGA-481 DRL Stick Pin (No Swastika) in Silver

This is the harder to find early post war silver class. It is now commonly accepted that this is now considered an early post war type and not a pre-1937 “second design” as previously noted in reference books such as Forman’s. This pin has slight wear to the raised DRL exposing some brass. There is a nice patina developing on the silver. Looks kinda gold in the picture.