The 1998 last pattern version is in all silver colour finish 'new metal'. Extract from 'New Metal' by Chris Marsh:
Liverpool Scottish - Insignia, Organizational. Cap. All Ranks. V Company (The Liverpool Scottish) 5th/8th Kings. Nickel silver. Bright nickel plate. NSN 8455-99-869-2575 on Forbes tartan backing. This is the final and fourth badge manufactured in September 1998 and is the only item on the official inventory pattern No 28136. This badge was made of nickel silver with a bright nickel plate and has a more shiny appearance to the previously used pieces. It was not maker marked but has the more usual three lugs. It was deleted from the inventory on 29th August 2017. [NMI15]
Here is my example in my album
https://www.britishbadgeforum.com/fo...ctureid=142679
Tim