History

This Medal was founded by Miklos Horthy, and it was awarded to Officers, Non-Commissioned Officers, and enlisted soldiers for exceptional bravery in war. It is also known as the Hungarian Medal of Courage.

The Medal was originally awarded in a single silver grade. In 1939, the Silver Medal was divided into the Large Silver Medal and the regular Silver Medal, and the grades of Gold Medal and Bronze Medal were added.

The Gold Medal for Officers was not added as a grade until September 12, 1942.

The Gold Medal's ribbon may be decorated with a clasp indicating the recipient has been awarded the medal two times.

The addition of clasps will increase the overall price of the medal.