Medal of Bravery (Hungary)

The Hungarian Medal of Bravery ("Vitézségi Érem") was a medal given for military bravery or valor. 
Background.
Hungary became independent in 1920 following the dissolution of the Austro-Hungarian Empire after the First World War. As a consequence of its new independence, Hungary had to develop a national system of honors and awards.
The Hungarian Medal for Bravery was inspired by the Austro-Hungarian Military Merit Medal (commonly called the "Signum Laudis"), which came is several versions depending upon the importance of the action and the rank of the recipient. 
Initially the award was instituted in 1922 in silver only. By 14 April 1939 gold, large silver, small silver and bronze awards were issued to non-commissioned officers and men and on 12 September 1942 the gold medal for bravery award ("Magyar Tiszti Arany Vitézségi Érem") for officers was added. It served a Hungary's primary award for recognizing combat heroism during World War II.
The medal features on its obverse the profile of Hungarian Regent Vice Admiral Miklos Horthy. Horthy lead Hungary from 1920 until he was deposed in 1944. On the reverse of the medal is the coat of arms of Hungary with crossed swords added.