Early ERII 1st Btn Grenadier Guards Company Colour

A most interesting and well service used Grenadier Guards Company Colour, recently acquired within a glazed picture frame indicating that at some time this flag/Colour was proudly on display, sadly its history is unknown to me.
In the Guards, Company Colours also act as the personal flag of senior officer's, this may be one.
The double-sided silk panels with hand painted artwork does have some age related wear, small splits and edge damage, the stitching is 100% old cotton with no nylon mixed threads so my guess is that the company colour was produced either during the 1950's or early 60's, there may have been an eyelet at the top of the spine but this has been crudely removed possibly for mounting behind glass ?, approximately one inch has been removed from the bottom end of the spine this was also done to fit within the frame but the silk panel has simply been folded over.
Size 20 x 16 inches (17 unfolded ).
Please study the images in regards to condition.

Code: 51040