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Badge in Commemoration of the 25th Anniversary of the Opening of the New Martin Steel Furnace (aka Siemens-Martin or Open-Hearth Furnace) at the Sarkanais Metalurgs ("Red Metallurgist") Plant, Liepaja, Latvian SSR, 1990.
Nickel-plated brass, paint, lacquer; 19.6 x 16.9 mm. Excellent condition.
Please note, the penny in our photo is for size reference.