Serbia, Kingdom. An Order Of The White Eagle, Iv Class Newly Listed (Lederknoten)

(Lederknoten)

“BT” and a horse head with a “G” indicating manufacture in Graz

By the end of 1918

1941-1970 as defined by the cyrillic text in the ribbon banner

obverse depicts raised leftward-facing bust of Joseph Stalin

Serbia, Kingdom. An Order Of The White Eagle, Iv Class Newly Listed (Lederknoten)(Orden Belog Orla). Instituted February 22, 1881 by King Milan I. Type II (1903 1941). Civil Division. In silver gilt, a white enamelled double headed eagle with delicate wings, the obverse medallion featuring a white enamel cross on a red enamel field, the reverse medallion presents the year 1882 on a red enamel field, the bird is surmounted by a large crown with blue enamel pendilia, measures 33. 25mm (w) x 67. 65mm (h inclusive of cross adorned