Hi Richard
Yes, that is an early Southern Rhodesia AF officer cap badge, my example shown here for reference. Warstore is not shy with prices but if you collect WWII air-force badges, any Rhodesian AF badges would be among the rarest of allied badges and there are a few which I would consider to be amongst the rarest badges of WWII overall, such as the half wings with the lion & tusk which were only worn by one squadron, No.44 (Rhodesia) Squadron.
Cheers,
Alex
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