Featured Medal?

Dear forum members, I'm asking for help in attributing an item. I bought it from someone, it was a chance purchase.
I found the item very interesting.
I think it's a medal, and the ribbon is genuine! It's made of silver.
But what kind of medal is it? Has anyone seen one like it?

I'm counting on your help.

 

Looks like a Phrygian cap, which became a symbol of Liberty. Is it likely to be French?

 

https://www.emedals.com/products/france-revolution-period-a-jacobin-merit-medal-c1800-eu17380

"Constructed of silver, a high scarce revolutionary badge in the shape of a phrygian cap, measuring 26.96 mm (w) x 28,69 mm (h - inclusive of integral ring), the badge is suspended by likely original breast ribbon in tricolor moire, with slightly toned silver, a very rare and unique badge in extremely good conditions."

 

Here's another one
https://www.artcurial.com/en/sales/6146/lots/2-a

"revolutionary silver insignia"
"Provenance: Former Napoleonic collection of the Prince's Palace of Monaco"
Sold for €394

 

Who-ee...Sweet score!

 

I keep thinking it's for the Order of Gandalf.

 

(LOL) Or the Sorting Hat's older brother! Nice score; no wonder the ribbon is tatty.

 

Guess it has been through the wars.

 

Hmm...several, easily!

 

Thank you all for your help! What a wonderful medal!

 

It was a bon chance purchase.

 

@ParisLS You gave me my 75,000th 'like'.

 

The Phrygian hat has a fascinating history!

 

Paris, the shepherd-prince whose decision to choose Aphrodite as the fairest of 3 competing goddesses led to the Trojan war, is typically identified by his Phrygian cap:



And Amazons, whom the Greeks also believed lived in the East, are frequently depicted in that sort of head wear:



As well as Ganymede:



The sculptor Canova made the cap of invisibility that Hermes lent to the hero Perseus a Phrygian cap with wings:

 

It was the symbol of the Olympics in France. Most people didn't know what it was because the design was odd if you weren't aware of the history.

 

https://en.wikipedia.org/wiki/Phryges



Debora