Rare 360 SA Dagger Hanger

Very rare vertical 360 degree SA dagger hanger. This type of hanger is a known model from the early war period. Nickel plated steel clip, stamped on the backside with “D.R.G.M.”. Brown leather construction. The hanger is stamped “D.R.G.M.” on the inside. Working snap button, marked “Stocko” on the inside. The bottom leather piece can rotate. The dagger in the pictures is for reference, and not included. This type of hanger is also published in the Ralf Siegert SA dagger book.