M40 army (Heer) cap cocarde made in occupied Belgium
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Textbook and unissued cap cocarde made by La Nominette (Aalst – Belgium) during the occupation (The company still exist today!). As many foreign made insignia the design and quality is somewhat different than German made insignia. I located a small hoard of these insignia all tucked together in a cigar box on a small Belgian military show. I have a few examples, selling them at 20 euro/piece.