This is for a very scarce patch from the online game, Rebel Space, which existed from 1992-1995, and was available via Prodigy (the ISP).  This was primarily a play-by-email game, but also had a posting board component.  These patches were awarded to the winner of a game (aka, a Rebel Lord).  3 1/4" in diameter.  As you can see, there is a tiny pulled thread under the "Y" in "PRODIGY" but otherwise the patch is clean and nice.  These never turn up, and in fact, I can't even find a picture of the patch on the internet. Very scarce!