I was told this was a Parachutists badge but I'm not certain of this as the man pictured on the badge is sitting operating an old radio set.
Anyway a enamel on metal badge and looks to have some age to it.
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At Molloy's MEGA ANTIQUES CENTRE, Takapuna, Auckland, New Zealand
Specialists in Pacific Islands Items, Victoriana, And a Fascinating Range of General Collectibles