I have one of these that I got from a dealer's junk box for $0.50 or so. It took some research to discover what it was.
I remember when I was a kid occasionally hearing about an elderly WWI veteran. Now, according to wikipedia, they are all gone.
If you do some reading on the internet you can find all of the varieties of Victory Medals from the different Allied nations. They are interesting in that each country could design its own obverse, but the reverse was the same.
Medals from the UK and USA are regularly available on
ebay for $15-25 after shipping. Most include the ribbon.
I entertained the thought of collecting them all, but a little research showed that the rare countries were selling for $150 or more each, which is out of my budget. I remember Cuba, Japan, and some European countries as being rare. When I started reading about these I ventured into the realm of militaria collectors, which I know nothing about. Sadly, just like valuable coins are counterfeited, the rare medals are also. :(
You have a nice one,
-wheatiefan