If you bought that badge with little research, you lucked out. Buying anything from a dealer or well known one like Mr. Nieman is not a 100%. Another note to the new collector. Do your homework. Try also to keep to the well-known makers. Another thing I see a lot with new collectors, They want that gold wound badge. You better do your homework. I just saw someone get burnt on an auction for $340.He bought the famous Gold l/14 fake wide pins. I have over 80 wound badges in my collection, with only two golds. New collectors should keep away from the 1918 navy, any gold l/14 and any 1936 Screw backs. If you are going to buy one I listed,get help.I would not even buy a 1918 navy without another opinion. don