1-1/8” litho depicting him in classic pose as if throwing an airplane w/his magic word “Shazam” above accented by pair of tiny lightning bolt designs. Bottom curl has 1948 copyright of issuer Fawcett Publications. Design is a bit off-center, as most of these seem to be, but paint is Exc. and button displays Mint. This 1948 issue is scarcer than the earlier and smaller club buttons.