United States. A World War I Victory Medal, 5 Clasps consisting of a blue enamelled Romanian Cross with clusters of nine gilt rays in eac 2) A Four Year Long

2) A Four Year Long Service Medal “Dienstauszeichnung IV

with the explanation that cavalry forces were too expensive to maintain as part of a standing army

unidentified hallmark on the pin

but was de facto centered on Salò

45 mm x 58

United States. A World War I Victory Medal, 5 Clasps consisting of a blue enamelled Romanian Cross with clusters of nine gilt rays in eac 2) A Four Year Long5 Clasps DEFENSIVE SECTOR, MEUSE ARGONNE, ST. MIHIEL, AISNE MARNE, CHAMPAGNE MARNE. In bronze gilt, engraver marked "FRASER" (James Earle Fraser) on the obverse, measuring 36 mm (w) x 40. 3 mm (h) inclusive of its laterally pierced ball suspension, surface wear and contact marks overall, all five clasps exhibiting greening and gilt wear, original ribbon with brooch pinback, the ribbon exhibiting extensive fraying and is in two pieces, having separated