Spain, Fascist State. A Blue Squadron Unit Pennant, C.1936 Auction and ten Ribbon Bars (includes

and ten Ribbon Bars (includes one with two ribbons: American Campaign Medal with World War II Victory Medal

A plain button

the owner’s name hand-written on the back outside cover

marked with two RZM insignias

Spain, Fascist State. A Blue Squadron Unit Pennant, C.1936 Auction and ten Ribbon Bars (includesAn extremely well preserved Blue Squadron (Patrulla Azul) unit pennant, constructed of a white wool base, the obverse bearing an elaborated multi piece insignia consisting of a central white wool disc, overlaid by a Blue Squadron insignia in the form of three diving eagles above an inscription of VISTA, SUERTE Y AL TORO (colloquially translating to WATCH OUT, HAVE LUCK, AND GO FOR THE BULL), on top of double overlaid crosses, and within a green laurel