Vintage Jaguar Hub Cap Badge (FRAY). So right off the get-go I have no idea what fray means. It is on the back of the badge. This I do know if you're looking at this you know exactly what it is and exactly what you need. So please check out all the pictures what you see is what you will get studs appear to be in good shape, there is only one that nut. Purchase with confidence and as always have a great day.