Desirable participation medal issued for the St. Moritz 1948 Winter Olympics. Bronze, 40 mm, 25 gm, by Emil Wiederkehr. The front depicts a symbolic figure of the goddess Victory against a mountain backdrop; the reverse features the Olympic rings above text, "Vmes Jeux Olympiques d'Hiver, St. Moritz, 1948," against a snowflake background. Includes the original maroon paper box.