Simon
I have located a reference to two 5RIDG cap badges made by Gaunt.
There is one with a flat crown with the same areas un-voided as in your image, and another with the more standard raised crown with all area fully voided.
Unfortunately I have no images of the reverse of these badges, but IMO I'm sure there are genuine die struck, solid backed die struck and indeed cast badges in collections.
Hope this is of help.
Rob
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