This Attractive Gold Bullion Wire Badge was used on the berets of Instructors back in about 1988.

It would appear that this is an Owen No C 878.........As you can see from the photo......it is definitely made with Gold Bullion Wire.
"Quartermaster's Comment":- The Badges in this Series can be quite confusing. They are nicely made........Note the LUVIVANE below each of them........(Hope I have got that right!!!!!)