BDM JM Wimpel pennant questions

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Hi again everyone,
I've acquired this and would like to know more about it. It appears there's a few different types about. It's got it's rmz paper tag on still.
What are your thoughts?
Many thanks!
Ben

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BDM or JM

Indeed. Initially this colour combo was BDM but later became JM. The pennant looks to be unfinished. One side of these pennants was allowed to have a design and it looks like this one hasn't yet reached that stage for some reason.

Here's one that I used to own:

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Indeed. Initially this colour combo was BDM but later became JM. The pennant looks to be unfinished. One side of these pennants was allowed to have a design and it looks like this one hasn't yet reached that stage for some reason.

Here's one that I used to own:

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Thank you, it's interesting that it's unfinished, thanks for the information 👍
 
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