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Badges were popular as jewellery in the Middle Ages, and varied from extremely expensive works of jewellery, like the Dunstable Swan Jewel, to simple mold-made badges in lead or other base metals. Specialized forms were the pilgrim badge, worn by those who had completed a pilgrimage, and heraldic or livery badges, worn to denote service or allegiance to a political figure — these last were especially popular in England, and became very controversial in the period leading up to the Wars of the Roses.
One royal celebration in 1483 was marked by the distribution of 13,000 badges, a huge number relative to the population at the time. Other types were funerary badges, presumably presented to mourners for the funeral of important figures, and simple decorative badges with animals or hearts. The grandest form of badge was worn as a pendant to a metal collar, often in gold or silver-gilt.
Source : Wikipedia