Beautifully designed 1-7/8" tall brass decoder badge complete with removable secret compartment panel on the reverse. Front top wing design has initials "D.A.S.C." representing club name Davey Adams Shipmates Club. Lower area is designed as a ship's helm. Upper rim has cut-out panels which display letters forming various code words depending on whether the numeral 1, 2, 3 or 4 is positioned to show through the single die-cut window at the bottom center of the wheel design. Code words are - airways, typhoon, rockets or seaways. Nearly all luster remains and item displays glossy and Exc. From Lava Soap, 1939.