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This one (Iceland WWII) is mentioned in Bailey’s pamphlet and (from there?) in John’s book.
Both cast doubt on whether it existed other than on painted signs.
The pamphlet obviously has a drawing but the book has a picture. Not sure where John got that but this one is in my collection so that might suggest at least 2 in existence?
It looks ‘right’ for the period to me so I am hopeful it is a rare original
Ray

Ray
I've seen four or five of these, all look to be of WW2 manufacture to me but WW2 cloth is tricky and others on the forum are far better judges than I on this. Bailey and I but found the same references sources and and couldn't nail it down, there are many photos of the Corps in Iceland but none are great quality. Pop it in your keep box until someone discovers more detail,
Yours
John