A very nice, used N.Z.S.C. Line ships officer’s bullion wire cap badge.
Bullion wire is with some age use and tarnishing, with the central anchor showing some slight surface verdigris.
Coloured flag detail is a little grubby, but damage free..
Black wool backing material in moth and damage free.
Reverse complete with its backing material, with a faint inked owner name (see images).