This appears to be a vintage or antique commemorative medal, likely made of pewter, presented in a small wooden box.
The heart-shaped medal commemorates "25 Years Faithful Service" between the dates "1917-1942".
It features a profile bust of a man, possibly a notable figure from the era or organization that issued the award.
The item is presented on a red ribbon in a simple wooden case, suggesting it was a significant presentation piece.
Such items are often collected and researched by enthusiasts.