The item shown is a badge or commemorative medal for the 10th Bavarian Infantry Division during World War I. The division was formed on March 3, 1915, and disbanded in August 1918. It participated in major battles such as the Battle of the Somme, Passchendaele, and the Second Battle of the Marne. The badge likely depicts a soldier battling a bear and a multi-headed serpent, possibly symbolizing the challenges faced by the division. The text on the badge reads “KARE THEN” and “RK”. The 10th Bavarian Infantry Division was part of the Imperial German Army.