Armbadge
That's a Nice NCO Armbadge to the 17th. It could have been carried over to 17th/21st Lancers in 1922.
It looks early to me I need to check my others but the swallow tail detail is quiet thick unlike later ones which are very fine. Rear plate construction is perfect for this type of Armbadge. I think this fits in around 1880 and is based on the Original type . As said I will check my collection ASAP.
Best Mac
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