A Spanish Order Of Naval Merit, 2Nd Class Breast Star With White Distinction, Miniature And Case Auction fraying evident on the bullion

fraying evident on the bullion knots and loop

" A Court of Inquiry was to be set up to fully investigate the cause of the accident but no other documentation exists here

encircled by his name in gilded lettering

Instituted 11 November 1905

A Spanish Order Of Naval Merit, 2Nd Class Breast Star With White Distinction, Miniature And Case Auction fraying evident on the bullionKing Juan Carlos (1975 2014). Multi piece construction, silver gilt with blue enamelled insignias, on a silver eight pointed star base, unmarked, 62 mm x 62. 5 mm, ornate vertical pinback flanked by dual prongs; and Miniature: silver with blue and white enamels, 18. 5 mm x 18. 5 mm, original ribbon, suspended from a traditional Spanish horizontal hanger with pinback. Intact enamels, extremely fine. In their hardshelled case of issue, maker marked "I