The Wound Badge (German: Verwundetenabzeichen) was a German military decoration first promulgated by Wilhelm II, German Emperor on 3 March 1918, which was first awarded to soldiers of the German Army who were wounded during World War I. Between the world wars, it was awarded to members of the German armed forces who fought on the Nationalist side of the Spanish Civil War, 1938–39, and received combat related wounds. It was awarded to members in the Reichswehr, the Wehrmacht, SS and the auxiliary service organizations during World War II.

The badge had three classes:

Black (3rd class, representing Iron), for those wounded once or twice by hostile action (including air raids).

Silver (2nd class) for being wounded three or four times.

Gold (1st class, which could be awarded posthumously) for five or more times wounded.

This is a nice maker marked silver example. Full back, die struck, alloy based, silver plated piece.