This medal is in pretty good shape, I would grade it VF30 to EF40 (but I am without other examples to compare to, this might be as good as it gets).
On the obverse is the legend “Willy’s-Overland” with “Silver Anniversary” in the middle and “1907-1932” over a tiny footer that reads “Medal Arts Co, Roen NY”. This may have been minted by the Medallic Arts Company, which was headquartered in New York at the time.
On the reverse is a portrait of our first president facing to the right. The legend reads “George Washington Bicentennial”. The dates “1732 1932” are placed, one over the other at 4:00.
Identification code: 1932 B-A757 AR/CU (I have no idea what system this is in; that’s how I found it identified)
Mint Mark: n/a
Mintage: unknown (but I suspect fairly small due to its scarcity)
Country of origin: America
Composition: Coin Silver (90% silver)
Size: 32mm (slightly larger than a half dollar)
Weight: ~12.5 grams (13g in 2×2 flip with 5 staples)
Other details: I had never heard of Willy’s Overland until after I purchased this medal. It turns out that the company was a major car manufacturer up until the Great Depression hit (just after this medal was produced). It then nearly went belly-up, but was saved by winning the contract for US Army Jeeps (along with another company called Bantam).
So, this is an interesting World War Two footnote, and it is also popular with those who collect Jeep memorabilia.
Estimated Value: $25-35 with silver at ~$33/oz