Bulgaria, People’s Republic. A Pair Of Nikolai Vaptsarov Naval Academy Graduation Badges Hold An Order of the Yugoslav

An Order of the Yugoslav Crown

Grand Cross Breast Star

mounted to a six-sided brass suspension with pinback)

The F might stand for France (Frankreich)

the obverse with a double-headed eagle superimposed on the cross

Bulgaria, People’s Republic. A Pair Of Nikolai Vaptsarov Naval Academy Graduation Badges Hold An Order of the YugoslavA pair of Nikolai Vaptsarov Naval Academy graduation badges, including an early badge, constructed of gilded bronze with multi coloured enamels, the obverse consisting of an off white enameled diamond within a gilt border, overlaid by a red enameled five pointed star bearing a gilt coat of arms of the Peoples Republic of Bulgaria, above a gilt banner bearing a black Cyrillic inscription of . , the reverse with a screw and backplate, maker marked for