I am almost 100% certain that your V-M is a Panasuik Copy from the 60's - 70's Panasuik made copies for collectors. There are quite a few around. However, Panasuik made very good copies, including their Regimental Badges. The genuine article sell for upwards of $900. I have 9 of them 4 sale, all pre 1939. All are genuine, some are recipients "wearing" copies made by the same jewelers that were commissioned by the Polish government to make the originals. This is a whole new topic in collecting that I can't go into here. I will be listing items from time to time on this site. If you wish you can contact me at rmarc99@comcast.net
