This item is a bronze equestrian medal from 1983, awarded by the KSV Schiffweiler club to a show jumper ("Springreiter").
The medal features a relief image of a rider jumping a horse over an obstacle.
It includes a ribbon with the iconic multicolored stripes, commonly associated with the World Championships, the Olympics, or similar prestigious events.
The back of the medal refers to the 1924 Summer Olympics (the VIII Olympiad), which were also held in Paris.
Equestrian Connection: The 1924 Games featured prominent equestrian events. Pairing a modern "Springreiter" (show jumper) achievement with a famous Olympic year was a common way to add prestige to local club awards.