I leave a picture where you can see the glaze that separates the last two lines of the left wing, but skipped the groove is where the enamel would have to go.
This looks like a good first class Gibello.
The rivets show all the signs of being an original with the small hollow rivets that hold the olympic rings to the front of the award rather than the big doughnut rivets that you see on the postwar S&L reproductions.
The ribbon is a replacement but I could live with this one in my collection.
All the best
Thank you very much for your answer
I have to say that my initial impression of this piece is that I am not liking it much. I do not like the looks of the enamel, and the suspension loop is especially troubling. It could well be good, but this one would be nothing that I would invest money into.
"Much that once was, is lost. For none now live who remember it."
I'm in agreement - I don't like it, But ???
I leave the links to the shops so you can see and review.
Olympic Games 1936 Decoration - 1st Class5800
Olympic Games 1936 Decoration - 1st Class 4800