Unknown stick pin

[bill badger]

Hello,

My second request for help this afternoon concerns this silver stick pin.I have no idea what it is or indeed what the letters stand for. Can anyone identify it?

Once again many thanks
Bill

[Alex Rice]

I see NED, but in which order....?
I've outlined what I think they are in the image.
Cheers,
Alex

[bill badger]

Thanks for that Alex. I wondered if there was an H in the middle?

Cheers
Bill