HAS ANYONE AN EXPLANATION FOR THIS?

[RMR]

I was watching a 6th Hampshires badge on ebay which had gone beyond what I could afford When I received a call to buy some mixed items amongst which was a 6th Hampshires, brooched but otherwise in very nice state,how much does this lower the value by half by a quarter or what? I do not intend to sell but am curious as to the effect it has on price.With it was another Hampshires badge also brooched with an effect I have never seen before it appears the lower third of the badge has been gilded,was this how it was made or when it had a brooch pin fitted any thoughts? and would anyone care to put a date on the Hampshires badge? Thanks Roger