Hi Greg, I was going over the question about the LSR collars/sporran, and in Mazeas, a badge very similar to the one you have illustrated is shown. It is labelled as a sporran, but it has LSSR across the leaf.
Here are the pair of matched collars from my accumulation. They are marked J.R.Gaunt London on the reverse. There is an "S" at the top of the leaf on the reverse.
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Res ipsa loquitur
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