I like your deisgn very much. But i want some more variants.
1. the arc of the crest is too big. Please make it smaller.
2. the crown ist not like a crown. Make some other variants of it.
3. at the left and right side of the crest i want to have a olive branch see here http://www.crazyfreevector.com/uploads/100926/1_005256_1.jpg
4. make the year 1988 much smaller. That is too big.