Need help! Knights cross of the Iron cross by Zimmermann REAL OR FAKE ?

Hello folks, I found this nice Knights cross by Zimmermann; "20" on the reverse of the cross and "L/52" on the loop.

I’ve been told elsewhere that it’s a fake, I still do not now enough about Knights crosses but I know it’s a 3 piece construction one.

I would like to know your thoughts on this one

Pics =
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The Ribbon has the "scalloped" edge that should indicate it’s originality

If it’s a Fake; I would like to know why.


Click to enlarge the picture


 


 


 


 


 


 


 


 

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