Vintage Carved Boxwood or Resin Commemorative Medallion

This item is a circular commemorative medallion or pendant, approximately 1.5 to 2 inches in diameter, featuring a high-relief (alto-rilievo) scene. The material appears to be a fine-grained organic substance such as boxwood or a high-quality historical resin/celluloid mixture, characterized by a uniform ochre or butterscotch monochromatic tone. The central motif depicts a complex figurative scene, possibly of mythological or historical maritime significance, featuring a primary seated figure in a vessel or chariot flanked by attendants, with what appears to be a laurel or wheat bundle arching at the base. At the top of the disc is a small, precision-drilled suspension hole, suggesting it was intended to be worn as a pendant or attached to a fob. The craftsmanship shows significant detail in the drapery of the figures' garments and the surrounding architectural or environmental elements, typical of late 19th-century or early 20th-century commemorative wares. The surface exhibit a soft, aged patina with minor surface grime in the deeper recesses of the carving, which serves to emphasize the sculptural depth. No immediate maker's marks are visible on the obverse face, but the style is reminiscent of Grand Tour souvenirs or Victorian era tokens. The overall condition appears stable with no major fractures or significant chips visible in the high-relief areas, though fine surface scratches are present commensurate with age.