This is a 1920's medal given to the members of the Royal Order Of Jesters which is a masonic order. At one time it would have been attached to a ribbon. The front and the back are identical. The letters around the outside ROJ stand for Royal Order Of Jesters. The number 14 is a member's number. It is done in guilloche enamel on silver. It could be worn as a pendant with the addition of a bale. Excellent condition with no damage to the enamel.
1920's Royal Order Of Jesters Guilloche Enamel Medal