Congrats on your first button hole Party badge!
It's a Ferdinand Wagner marked badge, in case you didn't know. This maker is regularly available, so not an uncommon badge. Other than the knocks it's taken, it's a good start! Thanks for posting and looking forward to seeing your collection grow.
Thanks Mark, I am looking at some late war badges do my next purchase. They are not nearly as pretty, but I can get them for a good price here in Spain. I will post as soon as I get one.