Scarce WWII 12th Podolian Ulan Regiment (Polish 2nd Corps) Badge and Beret/Collar Pennant, made by Picchiani & Barlacchi, Firenze. There is damage to the enamel on both the badge and the beret  collar/pennant; please refer to the attached pictures for details.
Badge diameter: 39.35 mm
Dimensions of the collar pennant: 58.64 x 14.53 mm.