In Texas there were two Morgan clubs, one based around Dallas, the other around Houston: the Morgans on the Gulf Morgan Owners Group. The latter is now extinct.

Initiated in 1985, it has issued a series of similar looking badges, with protruding Morgan wings, basically half-circle, with waves inside. This is the first of them, with the text INAUGURAL BADGE
stamped on the rear of the badge.
 
One badge, #053, is in excellent, unused condition, the other -#083- has been used, but it still very nice.
 
The badges reside in the USA, so will be sent from there. Please enquire first to confirm postage costs.