Real or fake and a reasonable value would be appreciated. I'm out of 3r collecting as the US west and coins have re-entered my extra time/money. Thanks in advance!

Manufacturers mark is 707 and it appears to have originally had a silver finish

One should take the time to provide better photos, 707 ??

Thanks. I'll try again when I get home. Not sure how they came out blurry

Let me try again.....

Maker 107 I like it.

107 maker is Carl Wild, nice badge and better photography !

Absolutely a genuine badge by the firm of Carl Wild, Hamburg. This is one of the most commonly encountered silver wound badges made in zinc.

 

Here are plentiful originals:

https://gielsmilitaria.com/index.php?route=product/manufacturer/info&manufacturer_id=48