Yes a repro with same common features mentioned as all the others from its stable but with the addition of E-W brass strips as an added touch to deceive.
There is a badge I consider genuine sans honours, it is from a different die. Note the feint ghosting of ARRYO DOS MOLINOS in the circlet’s seeding where the original die has been hobbed.
https://www.britishbadgeforum.com/fo...1&d=1491335069
https://www.britishbadgeforum.com/fo...4&d=1491379628
Interestingly the brass strips are N-S on the genuine article.