Thank you for your comments on the badge guys, much appreciated.
Now, things are never simple when it comes to Petz & Lorenz/Schickle matters.
Ned has posted a pic that he says shows a Schickle and a P&L.
I believe both badges are P&L.
The differences in the water spout I thought were down to hand finishing as opposed to a straight forward machine stamp. P&L and Schickle used the same obverse design as Schickle but the Schickle design had a small flaw on the swastika that the P&L didn't - the waterspout cut outs were due to the difference in finishing techniques.
Below is a pic I borrowed from WAF that came from GCA which shows the catalogue pictures and the flaw on the swastika - note the waterspout shapes are the same.......
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