An Enamelled Presentation Portrait Badge of Peter the Great, third quarter of the 19th Century

unsigned, the oval portrait of Peter as a young man wearing armour and a cloak mounted in an openwork gold and diamond setting, with hinged crown suspension in gold, diamonds and niello, reverse of crown fitted with riband carrier, extremely fine, cased

The smaller stones are diamonds.
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These presentation pieces were first produced in the early 18^th Century (cf. Durov, V.A., The Orders of Russia, Moscow, 1993, p. 6) but do not appear to have had official status.  The present example is offered with its original custom-made case bearing the name F. Butz – Joaillier & Bijoutier – St. Petersbourg.  The firm was founded by Friedrich Daniel Butz, son of the master goldsmith Alexander Franz Butz, and remained active as a manufacturer and supplier of jewellery and orders until circa 1912.

For a very similar portrait in an alternative jewelled setting, see the Foerster Collection, Sotheby's London, 11 May 1999, lot 237.