Hi Bayern, I'l slam the door on this badge right now, it's a poorly executed fake. Scholze had two distinctive patterns of PAB's and this one matches neither.
OP, if you need some leads to more reputable dealers or potential affordable badges that I know are around my area, please give me a PM. I wouldn't call myself an expert, but I've spent a lot of time since entering the hobby studying badges in hand and online. It's quite a minefield, but it is a rewarding hobby with a lot of very informative folks in it.
The badge John posted up is the typical mid war Scholze manufactured PAB, these are plentiful on the market and only in close to 100% condition should draw a high price at all.