This was a fund raiser for a Hungarian war bond issue in WW1. It is 23mm high and has an inscription (in Hungarian) in raised lettering on the reverse. It comes with the original jeweller's card (which has Hungarian or German handwriting in pencil on the reverse). The enamel is of high quality on a gilding metal base.

The Order of Vitez was instituted in 1921 by Admiral Horthy's government (1920-44) for distinguished veterans from WW1. It came with a small grant of land, sufficient to keep body and soul together. The original badge was pin-backed and worn without a ribbon. These miniatures were probably privately made jeweller's pieces.