Italy, Fascist State. A Lot of Partito Nazionale Fascista Insignia

1. Diamond-shaped, silvered bullion wire embroidered onto a red and yellow felt base with a black wool border, bearing the insignia of the Partito Nazionale Fascista, a fasces, surrounded by a laurel wreath, atop one silver star, reverse paper backing denoting manufacturer Tanfani & Bertarelli in Rome, measuring 53 mm, extremely fine condition. 

2. Gold-coloured and silvered bullion wire embroidered onto a red felt base, bearing the insignia of the party, a fasces, with two silver stars, reverse paper backing denoting manufacturer Tanfani & Bertarelli in Rome, measuring 50 mm (h) x 42.75 mm (w), in extremely fine condition.

3. Silvered bullion wire embroidered onto a red felt base, bearing the insignia of the party, a fasces, with two silver stars, reverse paper backing denoting manufacturer Tanfani & Bertarelli in Rome, measuring  54.5 mm (h) x 40 mm (w), some staining on the embroidered bullion wire on top, in very fine condition. 

Footnote: The Partito Nazionale Fascista (PNF) was a political party in Italy founded by Benito Mussolini. The party ruled Italy from 1922 until 1943.