On the obverse, in the top half, a winged goddess above the clouds holding a laurel crown in her right hand. In the background, the Adirondack mountains with, at their feet, a winter sports stadium, ski jump and the Lake Placid landscape. The curved shape of the medal symbolizes the ridges of ancient columns.
On the reverse, in the top half the Olympic rings, under which can be seen a laurel crown. In the middle, the inscription " III OLYMPIC WINTER GAMES LAKE PLACID 1932".