It is good and is rather typical. As a matter of fact I gave away a cased example of this award for a Christmas gift this year.
I agree with Jody. It is fine.
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Yep, it looks perfectly fine to me too. I like to see the pin attachment as many (usually packeted rather than cased are found without.
I am sure you know but for any confused by seeing the two cases, the bright red one is for the 13 March Austrian Anchluss medal and of course, the third "Flower Wars" medal the Memel was not issued in a case only a packet.