Germany, Wehrmacht. A Wound Badge, Silver Grade, By Rudolf Wächtler & Lange Auction Archive it was listed as being

it was listed as being in three classes

winged arrow in patinated tombac

crafted out of olive coloured medium cotton and olive thread

a 92nd Infantry Battalion "48th Highlanders" Cap Badge (white metal

Germany, Wehrmacht. A Wound Badge, Silver Grade, By Rudolf Wächtler & Lange Auction Archive it was listed as being(Verwundetenabzeichen). An oval badge constructed of silvered zink, the obverse pebbled with a Stahlhelm in the centre bearing a mobile swastika, superimposed on crossed swords within a wreath of laurel leaves with a tied bow at the bottom, the reverse with a vertical pinback, maker marked L 55 for Rudolf Wchtler & Lange, Mittweida, measuring 36. 17 mm (w) x 43. 69 mm (h), weighing 20. 5 grams, and in near very fine condition