The lower two Texas Ranger badges are of the current design; 1961 to current are made from a 1947 (preferably) or a 1948 Cinco Pesos, silver, Cuauhtemoc Mexican coin. The two on the top seem to be of current make but origin/maker is unknown.
Texas Rangers gathered at El Paso to stop the illegal Maher–Fitzsimmons fight, At the front row from the left are Adj. General W Mabry, and Capts. J Hughes, J Brooks, Bill McDonald (author of the famous phrase) and J Rogers.