Price: 1.50 euro
This pin is the (former) DDR flag. DDR means Deutsche Demokratische Republiek (German Democratic Republic). Also known as East Germany.
Germany was divided up in 2 states after WWII. East Germany was liberated from the Nazi’s by Russian troops and became a part of the Soviet Union in 1949. West Germany was liberated by the western Allies.
All business company’s were owned by the state. Meaning that the state ruled production and prices. Shortages and bad products resulted in people leaving the DDR to her western counterpart.
This and as a result of the cold war, a wall was built in order to prevent people to leave the country. Known as The Wall. In 1990 the DDR and the wall collapsed and West and East Germany reunited.