Looking to identify this Medallion

Hey Guys, I ve been doing some research on this Medallion for the last few days but can't find any info on this. Found some familiar but none with this particular subject matter. It does say Italy on the very bottom and it's about the size of a quarter. Also has some green tarnishing on the rear of the coin. I'm also adding a picture of the case I found it in. Inside the case was a black sand like substance... I don't know if that is the felt that has dried over the years or it's something to keep the Medallion from tarnishing... any info would be appreciated! Thanks again guys.

 

look here ...
https://www.ebay.com/itm/374098258058

https://www.ebay.com/itm/125410445973

 

The sports include baseball and basketball. Perhaps not meant for the Italian market.

Debora

 

maybe something Olympics related? - tennis, swimming, gymnastics, running too.

 

Suspect your black sand is the remains of a foam rubber type material.

 

Thanks @roraring20s..... I'll tell you....im going to have to learn how to do better research... I looked everywhere including EBay and did not find anything!!!!

 

@Bronwen thats exactly what Im thinking as I deep further in this specific box... Thanks!

 

Thx Deb!!!