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 45 mm x 58

45 mm x 58

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

but was de facto centered on Salò

holding the reins in his left hand

unidentified hallmark on the pin

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 45 mm x 585 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