Here's your design with finishing effects, and a couple of closeups for detail. There are two versions; one with textured maltese petals, and the second with some flames borrowed from the "Bear" graphic, screened back a bit. Overall, the gold elements have been finished in smooth, shiny metal. The outer lettering has a double-emboss that gives the letters a 3D appearance. The belt has a leather texture, the maltese petals have a subtle texture, and the red maltese border looks like powder-coated metal. Shadows, bevels, etc. have been added where appropriate. The "Bear" graphic has been left as-is. As we started to explore options for this element, we felt that it changed the character of the design too much...as the unique identifier of your group, it should retain it's original character.
The earlier mockup is posted below.