This silver award was struck by the city council of Louvain. It was given for civil gallantry, eg stopping a runaway horse and cart, disarming robbers, etc. It has its original silk ribbon, somewhat faded. The medal is about 32mm in diameter.
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The buckle arrived today in good order, many thanks for the speedy delivery. A nice buckle, as described, and a welcome addition to my collection. Will revisit your website regularly for other items of interest.