The Krim Shield was instituted on 25-07-1942, to award the German and Rumanian forces who had taken part in the long and heavy battles to conquer the Crimean Peninsula between 21-09-1941 and 04-07-1942.
Formally there were two versions, the standard version (Stiftungs ausführing) and the golden version. The golden version was only two times awarded, to the Commanding Officers Antonescu and von Manstein.