In Texas there are two Morgan clubs, one based around Dallas, the other around Houston: the Morgans on the Gulf Morgan Owners Group.

Initiated in 1985, it has issued a series of similar looking badges, with protruding Morgan wings, basically half circle, with waves inside.
 
Even in 2000 only, for the a club's 15th anniversary, appeared 4 varieties. On offered here are two varieties:
with white rim and silver/grey Morgans wings, medium blue waves and light blue sky.
with dark blue rim and silver/dark blueMorgans wings, dark blue waves and medium blue sky.
 
The badges are in excellent, unused condition, having been on display only.