144th Large Cap Badge

[cefguy]

All:
Just acquired what I think might be the large size 144th cap badge referred to on page 238 of the blue Charlton catalogue. Have taken a picture of what at first glance might appear to be a cap and two collars, but in fact might just be three cap badges. The large one is 53mm tall and 67mm wide. It has fine detail and is flat backed silver. Unfortunately the attachment device is missing. You can see the two points where either the E-W lugs have been removed or perhaps the pin back device has departed. Near the bottom of the center of the banner is maker mark "Ryrie" and beside that "Sterling", the marks do not show well in my photo. It is a very large badge when put beside the normal cap badges of the unit. Charlton speculates that it might be a pipers' badge or perhaps an RSM's cap badge. Appreciate any thoughts you folks might have on this badge. No matter what it is an interesting piece.
Don