GERMAN WW2 ORGANISATION TODT BADGE, 3d Class in Steel
Stamped on the back. It is 1st version with date and award number.
The TODT organization was found in 1938 and constructed military and other installations in the Third Reich.
The award was also issued in recognitions of inventions that aided the war effort.
Reference: Detlev Niemann in 'Price Guide. Orders and decorations Germany', 2008, page 355, catalogue price is $2,000 (14 years ago !!).
Estimate price: $1,000 - $1,500.
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WIKIPEDIA: The Todt Organisation (German: Organisation Todt, OT) was a civil and military engineering group in the Third Reich from 1933 to 1945, named after its founder, Fritz Todt, an engineer and senior Nazi figure. The organization was responsible for a huge range of engineering projects both in pre-World War II Germany, in Germany itself and occupied territories from France to the Soviet Union during the war. It became notorious for using forced labour. From 1943-45 during the late phase of the Third Reich OT administered all constructions of concentration camps to supply forced labor to industry.

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Used