Colin, they're in the same position as the usual 'anodised' lugs ( e&w). Could it be just a maker variation? This badge is a particularly thick chunk of alluminium - I wonder if they felt the usual lugs were not strong enough? Are they the same depth as the usual lugs? i.e. not longer so it fits on a pouch/sporran etc?
The anodised collars are indeed gold
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