Logically, if it is real silver and unique, then it is genuine. Fakers are businessmen. They tend to mass produce where and when they can. Ever seen the piles of boxes of airship badges that were circulating in 1992? Or similar piles of assault badges about the same time coming from Poland? In the 1970s again, there was a series of mass produced runs of items-many at a @ 150 pieces or so as that was the minimum order certain metal workshops in Birmigham and Luton would take as a subcontract. The price of lufty badge has really only exploded to absurd levels over the past 15 years (with the advent of the internet actually). I remember hesitating to buy one in 1993 for $60. Consensus seems to be that it is unique....and it has been assayed as real silver, so there you go. Nobody would make a fake from real silver, UNLESS the money was there to do so and they had the metal craft skills to do so. To make that badge even via a mold that was later polished up would have taken someone a LOT of time and effort-far more than the going price of these. Jewelers however, have been making special one offs for clients for many years. I once saw a real gold Liberation of Kuwait medal made by a Texas jeweler in the FJP catalog. I also remember our local jeweler making an Iranian order of the Sun from scratch for our neighbor, after a horse stepped on his!