Authentifcation. Real or fake?

[Marg]

Hey guys,

I need your help. It is about the following flag. Is it a real one or just a fake?
Where has it been used?

Thanks at all of you in advance!

Best regards
Marg

[Duzig]

Hello
I have one like you show & it has the plastic or bakelite rings on it. It looks good to me.
Duzig(Bill)