Germany, Kriegsmarine. A Lot Of Rank And Trade Insignia Archive the text in the ribbon

the text in the ribbon banner in rolled gold-coloured bullion wire

500446 Wing Commander Edward John Holden

issued for fund raising for Austrian Air Fleet during early 1900's

It has been argued that

Germany, Kriegsmarine. A Lot Of Rank And Trade Insignia Archive the text in the ribbon(Kriegsmarine Abzeichen und Insignien). A lot of eight Kriegsmarine dark blue uniform rank and trade insignia, including an Ordnance NCOs insignia, constructed of dark blue wool, the obverse bearing a machine embroidered golden yellow insignia, unmarked, measuring 70 mm (w) x 90 mm (h), in near extremely fine condition; a Clerical NCOs insignia, constructed of dark blue wool, the obverse bearing a machine embroidered golden yellow insignia, unmarked,