We have placed it on a (typically thin or skinny) mannequin so that you can see the size of the piece.
There were several different types of suits tested with Nicolas Cage, in particular many silver and black suits for the "regeneration" scene, some with lighting built in. This emblem would have been for the main suit used outside of the short regeneration scenes. There is a new documentary that recently came out that uncovers the amazing and sad story of how this production was progressing and finally ended. Below is the information to the documentary, and we highly recommend purchasing it:The Death of "Superman Lives": What Happened?