28mm. Silver. 18.65g. Unsigned but believed to be by Emil Fuchs, for Elkington.
Obverse with bust of Eugene Sandow, reverse engraved next to wreath with 'Sandow Competition - A.K. Giles - 1904'.
About Extremely Fine and very rare in silver.
Eugene Sandow (born Friedrich Wilhelm Müller, 1867-1925) was a Prussian-born pioneer of bodybuilding, widely considered as the father of modern bodybuilding.