Looks like an original with the oval base plate to the catch as opposed to the rectangular one usually seen.
Not sure if these had a gilded reverse though. All I can find are badges with a grey reverse.
Hopefully Norm or Martin can give an opinion.
Looking for LDO marked EK2s and items relating to U-406.....
It is an original zinc SHuCo.
Norm mentioned on another forum that this less common variant with the oval catchplate did have a more improved finish that held up better over time.
This included the reverse.
Cheers,Martin.
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