The Militaria Dealers
Tel: 07775 661417
Web site: https://www.themilitariadealers.com/
A very good example of a 1918 pattern RAF Airman's Cap Badge.
Overall condition is very good, the badge perhaps never having been issued.
Red silk thread Albatross sits on a black padded velvet background as does the crown. The reverse shows traces of some form of light adhesive, perhaps for display at some time.