Tutti i Distintivi e gli Znachok, Civili o Militari, dell'URSS
Looks like laquer everywhere instead of enamels... curious, this is a really common artefact!
I don't like it, looks much inaccurate compared with "pobeda" badges we are used to, even if I cannot exclude that cheap badges like this one were manufactured in the last years of the USSR. I have one or two late army badges that are as rough as this one and I was told are original. On this specimen, the bigger giveaway is the screwplate. This one really looks a mockup.