【Title】 American Vintage Pin Badge / Kentucky Derby 113 (1987, Churchill Downs Official License) 【Description】 This is a commemorative pin badge from the 113th Kentucky Derby (May 2, 1987) held at the prestigious Churchill Downs racetrack in Louisville, Kentucky, USA. It features a horse's profile, a bouquet of roses, and the twin spires of Churchill Downs, with a classic green, red, and gold color scheme. The back is stamped with "Official Licensed Prod. / Churchill Downs," indicating it is an official licensed product. Recommended for horse racing collections or as an accent on jackets or bags. 【Size】 Approximately 3.0 x 2.6 cm 【Condition】 Good vintage condition. The enamel's luster and colors are good, and the engraving is visible. The clasp functions well. 【Shipping/Packaging】 Carefully protected with cushioning material and shipped via a trackable method. #vintage #USAvintage #KentuckyDerby #KentuckyDerby #ChurchillDowns #horseracing #horseracing #sportscollection #pinbadge #badge #1987 #commemorativegoods