An interesting piece and certainly not something you see every day. This medal was awarded by the MTS Miskolc City Council, for recognition of achievements in basketball. I believe it is a bronze grade, as I have a silver grade of this medal in stock as well. Sports publications from the early 1970s can be found from the MTS Miskolc City Council online with a quick google search. The ribbon of this medal is in nice shape, and is sewn directly to the suspension ring. The medal shows age visible in photos. 

Socialist Hungarian Basketball Medal from the city of Miskolc

SKU: HUN0002