Cyclists Touring Club winged cycle wheel CTC members badge c1940s

A good original circa 1940's 'Cyclists' Touring Club membership badge', small gilt winged cycle wheel, inlaid with blue enamel, old English script initials "CTC" between each wing. Vey good condition, retaining original buttonhole horseshoe fitting, enamel perfect, an excellent example.
Diameter 18mm.

Code: 54579