Just now found another, and it is from USA dated 1937 and has
© H D '37 below, like this ...
https://www.ebay.com/itm/371989430363
though yours has a different reverse, and was issued for railroad safety.
The HD is for Herman Daake and is for the Erie railroad.
The listing has ...
Safety Legion of America, in Berne, Indiana and measures: 32 mm ... Brass
"Herman Daake was a long time employee of the Erie Railroad Co. and a zealot for railroad safety. This 1937 medal was given to school children to teach safety and became the slogan adopted at railroad crossings around the country.
Quoted from the February 1939 issue of Erie Railroad Magazine:
H A Daake of Rochester, Indiana, telephone maintainer since 1925 but better known as a safety enthusiast, has been appointed Supervisor of Safety of the Erie Railroad with headquarters in Cleveland, effective Feb. 1st. Mr. Daake is 50 and has been in Erie service 26 years. For many years he has been a staunch advocate of safety. He has made a deep study of safety, has read volumes about it and he never misses an opportunity to discuss it. He lives his subject of safety, talks it, dreams it. His friends say that when they see him in earnest conversation with another or with a group, it is always safe to wager that he is talking safety. In his new post Mr. Daake will be given greater opportunity for practical application of his ideas about safety. Campaigns he has conducted, work that he has done in the schools as well as his writings and safety drawings have shown something of the wide knowledge that he has gained."
Not sure what yours is made of, maybe copper, nor what your reverse is.