The item in the image is a commemorative badge from a Volkswandertag (people's walking day) event, specifically the 4th International Volkswandertag held in 1980 in Bad Kreuznach, Germany. The badge features a design with the German and American flags and an image of John Wayne, indicating a theme related to the American actor. The "John Wayne American Wander Club" text suggests it may have been an event for American John Wayne enthusiasts or an American club in Germany. The ribbons in German national colors suggest a connection or celebration of German-American relations.