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Answered 2006-08-01 16:36:52

This sounds like a commemorative medal, perhaps the "Inauguration" medallion after assuming the Presidency upon the death of Franklin D. Rosevelt. As such it has no numismatic value, as it is not legal tender. It probably does have "book value" to collectors of Presidential medals, but I'm unfamiliar with price guides for that. (Other FAQ Farmers can edit this last bit to substitute an accurate value. :) )

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