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Originally Posted by Valjhun
Greetings from Ljubljana, Slovenia.
I'm pretty sure that this is a miners/hunters/fireman/postal or similar organisation parade axe, around 1850. Fairly common in Austro Hungaric associations.
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Very possible.
I have a similar fokos, bearing logos of the boy scouts and the world jamboree that was held at Gödöllő (Hungary), 1933.