You are all right!
3 = Fake
1 = Not hallmarked, not silver, but ok.
2 = Original Period Juncker (A real beauty!)
There is one difference that cannot be seen here. #1 and #2 are taller and fatter than #3
I got burned with #3 12 years ago when I was inexperienced and my heart and passion betrayed me. I have decided to post this because I am tired of seeing bogus badges for sale. Of course it would be nice to have
Karl Thom's badge, but I doubt it very much that you could find it at EBay. Use your knowledge and judgment when you buy a piece. Beware of your own wishes because sometimes they will trick you into buying something that you wish to have but it is not real.
Here is another photo of # 2 with an original Juncker’s Observer’s badge.
