Pin made in the Soviet Union. The text on the pin reads:”Lipetsk”. Lipetsk is a city and the administrative center of Lipetsk Oblast, Russia, located on the banks of the Voronezh River in the Don basin, 438 kilometers (272 mi) southeast of Moscow. As of the 2010 Census, its population was 508,887.
Lipetsk was first mentioned in the 13th century chronicles. The name means “Linden city” and is cognate with Leipzig and Liepāja. In 1284, the city was destroyed by the Mongols.
The foundation of the modern city dates back to 1703, when Peter the Great ordered construction of a cast iron factory in Lipetsk near the iron ore deposits for making artillery shells. On September 27, 1779, Lipetsk was granted town status.