Large German Aviation festival medal.  Medal reads

FLIEGERSTADT GROSSENHAIN IN SACHSEN

NVG

MAIFELT AUF DEM FLUGPLATE EU GROBENHAIN IN SACHSEN

BOM 14.-16.. MAI

ANNO 1993

MIT

GMV

weight 25.7 grams

Edge - plain

NOT silver.  This is made from some kind of non precious metal.