This kingly button hypnotizes me every time I look at it. The gold "V" is a sturdy, foil ribbon. The plastic is 100% Bakelite, probably harking back to the early 1940's. It's possible that this button's design is a "V-for-Victory" emblem, which was a popular fashion theme during WWII in the form of pins and brooches. As far as Bakelite buttons go, I consider this to be a chocolate masterpiece.
Until next time, this concludes my week of Bakelite buttons with various metallic bits.