Cyclists Touring Club silver 1932 membership pin badge made by Alexander Clark & Co Ltd

A rare original fine quality 'Cyclists' Touring Club membership badge'; convex cycle wheel bearing the 'CTC' winged logo to voided centre; the reverse impressed with Birmingham silver hallmarks for 1932 and scarce maker's details 'AC& Co Ltd' (Alexander Clark & Co Ltd.). Very good condition, complete with original pin fittings, an excellent example. Diameter 27mm.