JT. I can't say for sure, but that die was being used when the badges had loops pre-WW1, same with the VB badges I have, and so on through to slidered versions, and of course the 1916 all-GM. All from the same die, or certainly all from the same die-maker. A distinctive Britannia, two-berry badge, and as said, the most common original version to be found. So it's a guess it will be an established insignia manufacturer with a long history such as Gaunt? Can you moot any other makers that would fit the bill i.e were producing this badge 1897 - 1916 and perhaps beyond to 1935? (I reckon a lot of the other variations we find are WW1 issues from the many different makers that sprang into life in 1914/15?) As always just thinking aloud and always interested to be corrected and learn more.
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