Hello Keith,
I have a pair of collars plus a single which follows the description that you give. Mine came to me from a 27L officer. The single has had the original slider removed and two copper loops fitted one each behind the lance pennons. I have seen several such conversions of officers pattern badges belonging to former officers. When questioned none could recall having this change of fastening done, several said that that's how they were when indented for via the QM or Tailors. So, possibly a manufacturers conversion?
27L insignia with three loops without question is/are collar badges. Though I must say that I haven't encountered any that are flat backed without sweatholes. The only 27L head dress badge that I have which is flat backed without any sweatholes is the officers OSD bronze.
Peter
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