This medal is a re-strike (circa 1969) of the medal descrbed here by the National Museum of American History:
https://americanhistory.si.edu/collections/search/object/nmah_1097463
Description (Brief)
One (1) Diplomatic medal (Comitia Americana)
United States (France), 1790 - 1791
Obverse Image: The Great Seal of the United States: Eagle with wings spread holding escutcheon with vertical and horizontal stripes, holding a banner in its beak; above are thirteen six-pointed stars centered in a radiant glory; the eagle holds a palm branch in its right talon and a thirteen arrow bundle in the left.
Obverse Text: THE / UNITED / STATES / OF / AMERICA / E / PLURIBUS / UNUM
Reverse Image: America, represented as a seated Indian queen, receives in her left hand a cornucopia from Mercury who stands to her right, representing Commerce; behind this scene are symbols of trade and the ocean on which the bow of a ship is visible.
Reverse Text: TO PEACE AND COMMERCE / IV JUL. MDCCLXXVI / C. BARBER / DUPRE, F. / 1876
General Information: The 1792 Diplomatic Medal was recreated for America's Centennial celebration in 1876, U.S. Mint copy dies.
Description
This medal is a re-cast of the “To Peace and Commerce” Diplomatic Medal of 1792, originally commissioned by Secretary of State Thomas Jefferson as a presentation gift to foreign diplomats. The medal was later recast in 1876 for the American Centennial using the original lead proof by French sculptor and engraver, Augustin Dupre. The dies for the 1876 edition were engraved by Chief Engraver of the U.S. Mint, Charles E. Barber. The obverse of the medal features the Great Seal of the United States, and the reverse features an allegory of America rendered as a seated Native American woman taking a cornucopia from the outstretched hand of Mercury, who symbolizes trade.
Object Name
Medal
date made
1876
1790-1791
obverse engraver
Dupre, Augustin
reverse engraver
Dupre, Augustin
place made
France
place of issue
United States
Physical Description
circular (overall shape)
struck (overall production method)
bronze (overall metal)
Measurements
overall: 60 mm x 68 mm; 2 3/8 in x 2 11/16 in
ID Number
NU.275799.0085
accession number
275799
catalog number
67.98249
Credit Line
Library of Congress
As per https://william-carmichael.squarespace.com/announcements/2015/8/27/us-mint-medalsU.S. Mint MedalsAugust 27, 2015 \
"A nation reveals itself not only by the men it produces, but also by the men it honors, the men it chooses to remember." John F. Kennedy, Address at Amherst College, Amherst, Massachusetts, October 26, 1963. From Medals of the U.S. Mint, Catalog of Medals Issued for Public Sale, 1969.
The U.S. Government began issuing National Medals at the time of the Revolutionary War, when they were struck in gold and silver to honor and reward military men for outstanding and heroic actions and achievements. As the United States did not have minting capability at that time, these early medals were struck at the Paris Mint, under the supervision of Thomas Jefferson, the first United States Ambassador to the Court of France.By the 1790s, the United States Mint was established in Philadelphia and had the capacity to strike National Medals. In the 1860s, the Mint began offering bronze re-strikes of the earlier medals to the general public as collector pieces. Medals struck during this period are now quite scarce. They can be identified by their sharp strikes and mahogany color.
In 1969, the U.S. Mint began a new program to offer bronze re-strikes of these historic medals to the collecting public. The list of medals made available was quite extensive and included War Heroes, U.S. Presidents, Mint and Treasury Directors, as well as many other distinguished people. This program went on until the late 1970s. Medals from this period have a textured, almost "sandblasted" appearance and are finished in a "yellow bronze" color.
With but a few exceptions, re-strikes of these early medals are no longer available from the Mint.