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What would you call it, and what is it worth?

Sandog

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All Treasure Hunting
I have had these 2 items for about 15 years maybe and I'm considering selling on Craig's List or eBay. But I'm not sure what to list them as. Coins, medals, medallions, tokens, commemoratives, challenge coins, etc.
I'm looking for some input from some experienced collectors on the best way to get them in the right classification. And any ideas on approximate value would be greatly appreciated? They are not very common and I have not been able to find others on the market for reference. Thanks in advance for any insight you may be able to share.
20251130_110823.webp
20251130_110846.webp20251130_110956.webpThis one I thought would be great inlaid into the stock of an M-16.
20251126_115016.webp20251126_115001.webpThis one is the same size "disc", but made as a key chain. Still unopened, in the original package.
Thanks for taking a look.
 

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