Peter
I think this is an example of the early 1900s..... normally there is a loop (top) and tang (bottom). Fitting into the Officers peaked cap.The smaller tang should be facing downwards.... not in the up position.
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Cofion gorau
Gruffydd M-J
www.paoyeomanry.org.uk
"A Yeoman from the Stalwart Rural Cavalry"
Lechyd da pob Cymro 
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