Established 1 August 1924 as the first Soviet order. Awarded to military personnel of the Soviet Army and Navy who display exceptional courage, self-denial, and valor during combat. The Order of the Red Banner has been awarded to various Soviet naval units for exemplary service in wartime.

The award is in very good condition and is a variation 3 type 1 issue from the mid 1940s. The ribbon is in very good condition, most likely replaced since the hanger is aluminium type. Brass replacement hanger included upon request.