Abstract: An improved award medal capable of being configured to include bright attractive colors and any number of unique and/or intricate designs. The award medal of the present invention is structured to be formed of a relatively soft material which includes a weight element so as to substantially duplicate the weight of a conventional metallic award medal. The improved award medal includes a main body preferably formed to have a generally flat, plate-like configuration and appearance, with a first outer surface, a second outer surface, and a surrounding peripheral sidewall. The main body will be formed of a substantially soft, resilient, rubber material and ideally, a rubberized polyvinyl chloride material. In order to provide structural integrity to the main body, a substantially heavy weight assembly is disposed within the improved award medal. Additionally, a variety of decorative indicia are positioned on at least one of the outer surfaces of the main body.