Royal Hungarian Air Force Cloth Badge, Gold Bullion

Hungary, Kingdom. Royal Hungarian Air Force Pilots badge, cloth version, on a beige paper base, the face machine-embroidered with a gold-bullion Hungarian national eagle highlighted with gilt sequins and red-thread facial detail, surmounted by a gold-bullion Crown of St. Stephen with jewels rendered in red and green thread; the reverse with an intact black paper liner and a partly legible maker's label. Measures 110 x 43 mm. A rare insignia in extremely fine condition.