Might be good for a blog for the upcoming Commonwealth games or a site to sell war memorabilia or the like ,but other than that I don't see much value.
Just like flags.extension, i think this name could easily be used by a business that makes/designs/customizes medals of all sorts. Think about how many schools, hospitals,workplaces,govt agencies etcs give out medals and awards every year.....IN India too!
Could sell easily for $xxx- high $xxx to the right end user.